Elon Musk’s X is worth nearly 80% less than when he bought it, …

Oct 2, 2024 · New York CNN —. The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk bought it, according to estimates from …

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Elon Musk’s X Is Worth Nearly 80% Less Than When He Bought It, …

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Oct 2, 2024 · New York CNN —. The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk bought it, according to estimates from …

cnn.com

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Elon Musk's X Worth 71.5% Less Than It Was When He Bought The …

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Jan 2, 2024 · X, the social media platform formerly known as Twitter, is now worth an estimated 71.5% less than it was when Elon Musk purchased the platform in Oct. 2022, according to a …

cbsnews.com

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Fidelity Has Cut Its Estimate Of X’s Value By 79% Since Musk’s …

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Sep 29, 2024 · Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity. The asset manager’s Blue Chip Growth …

techcrunch.com

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Fidelity Believes Its Stake In X, Formerly Known As Twitter, Is Now ...

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Jan 2, 2024 · That means Fidelity now believes its X Holdings stake is worth 71.5% less than when it was purchased. The financial company had made previous cuts to that valuation, more …

morningstar.com

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Elon Musk's X Worth 71.5% Less Than It Was In 2022, Fidelity Says

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Jan 2, 2024 · X, the social media platform formerly known as Twitter, is now worth an estimated 71.5% less than it was when Elon Musk purchased the platform in Oct. 2022, according to a …

yahoo.com

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Fidelity Values Its Stake In X At 71.5% Less Than When Elon Musk …

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Jan 2, 2024 · Fidelity Blue Chip Growth Fund had valued its stake at nearly $20 million in October 2022, when Musk bought what is now known as X Holdings. But according to a November …

marketwatch.com

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X Worth 71% Less Now After Elon Musk Takeover: Fidelity

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Jan 3, 2024 · Fidelity says the company is now worth 71.5% less than when Musk bought it, according to an Axios story published Sunday. Musk had paid $44 billion to take over the …

businessinsider.com

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X Now Worth 71% Less Than When Musk Bought It, Fidelity Estimates

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Jan 1, 2024 · X, the platform formerly known as Twitter, is worth 71% less now than it was when Elon Musk bought it in late 2022, according to Fidelity. The investment group made the …

foxbusiness.com

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Fidelity Fund Again Trims Elon Musk’s X Valuation - CNN

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Jan 2, 2024 · Investment giant Fidelity believes its shares of X, the platform formerly known as Twitter, are worth 71.5% less than when Musk first purchased the social media company in …

cnn.com

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Fidelity Believes Its Stake In X, Formerly Known As Twitter, Is Now ...

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That means Fidelity now believes its X Holdings stake is worth 71.5% less than when it was purchased. ... is now worth 71.5% less than when Musk bought it ...

msn.com

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X Now Worth 71% Less Than When Elon Musk Bought It As …

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A new valuation from one of X’s (formerly known as Twitter's) investors has revealed that the social media platform is now worth an estimated 71.5% less than what it was when Elon Musk …

msn.com

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Fidelity Values X Nearly 80% Less Than When Musk Bought It

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Sep 30, 2024 · In December, Fidelity disclosed that X was worth 71.5% less than when Musk acquired it, at a valuation of $12.5 billion. In October 2023 , Fidelity valued X at $19 billion.

entrepreneur.com

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Elon Musk's X Gets Another Valuation Cut By Fidelity - Axios

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Mar 1, 2024 · Fidelity marked down the value of its shares in Elon Musk's X Holdings by 10.2% in January, per a new disclosure. The big picture: This resumes a trend that took a brief respite …

axios.com

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Elon Musk’s X Is Worth 71% Less Than He Bought It For, Says Fidelity

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Jan 2, 2024 · A mutual fund that helped Elon Musk buy X now says the platform is worth 71.5% less than the $44 billion it was purchased for in 2022, according to Axios Sunday. Fidelity cut …

gizmodo.com

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X Is Now Worth Less Than 25% Of What Elon Musk Paid For It

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Sep 30, 2024 · When Musk bought Twitter, Fidelity invested $19.66 million. As of the end of July, it says, those shares were worth just $5.5 million. That puts the total valuation of X at $9.4 …

fortune.com

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X Is Worth 71.5% Less Than When Elon Musk Bought It - PCMag UK

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Jan 2, 2024 · X Is Worth 71.5% Less Than When Elon Musk Bought It Fidelity Investments, which contributed $316 million to the $7 billion investors forked over to help Elon Musk buy Twitter, …

pcmag.com

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X Now Worth 71% Less Than When Musk Bought It, Fidelity Estimates

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Jan 2, 2024 · Elon Musk. X, formerly known as Twitter, has seen its value fall by a staggering 71% since Elon Musk's acquisition in late 2022. Fidelity, a leading investment group, …

africanews.com

FAQs about Elon Musk’s X is worth nearly 80% less than when he bought it, … Coupon?

How much is Elon Musk's X Worth now?

Here's How Much Elon Musk's X Is Worth Now Compared to When He First Bought It for $44 Billion A new Fidelity document shows how far X shares have fallen. Elon Musk bought Twitter, now X, in October 2022 for $44 billion. In October 2023, Fidelity valued X at $19 billion. The site is now valued at $9.4 billion, according to Fidelity. ...

Is Twitter X worth more than Elon Musk?

X, the social media platform formerly known as Twitter, is now worth an estimated 71.5% less than it was when Elon Musk purchased the platform in Oct. 2022, according to a Fidelity securities filing dated Dec. 30, 2023. ...

Did fidelity buy Elon Musk's social media platform?

By Barbara Kollmeyer Fidelity has again marked down its stake in Elon Musk's social media platform, formerly known as Twitter though now called X, which the money manager helped him purchase for $44 billion. Fidelity Blue Chip Growth Fund had valued its stake at nearly $20 million in October 2022, when Musk bought what is now known as X Holdings. ...

How much is Elon Musk's social media platform X worth?

Oof. That's not a good way to kick off the New Year. Elon Musk's social media platform X is currently worth around $12.5 billion, according to a recent analysis by the mutual fund Fidelity. For those keeping score, that's 71.5 percent lower than Musk's value of the company when he took it over in October 2022. ...

Did Elon Musk buy Twitter?

Link Copied! Elon Musk in Krakow on January 22. The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk bought it, according to estimates from investment giant Fidelity. X no longer trades publicly after Musk shelled out $44 billion to take it private in October 2022. ...

How much is X worth?

The value of X, formerly known as Twitter, continues to dwindle. A newly released disclosure report from Fidelity’s Blue Chip Growth Fund, which has an equity stake in the social media company, has once again adjusted the value of that holding. And by Fidelity’s calculations, the site is now worth less than 25% of the $44 billion Musk paid for it. ...