X's value has fallen more than 75% since Elon Musk took over

Sep 30, 2024  · X is now worth less than 25% of what Elon Musk paid for it. Under Elon Musk's ownership, the value of X continues to fall. The value of X, formerly known as Twitter, …


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X's Value Has Fallen More Than 75% Since Elon Musk Took Over

2 weeks from now

Sep 30, 2024  · X is now worth less than 25% of what Elon Musk paid for it. Under Elon Musk's ownership, the value of X continues to fall. The value of X, formerly known as Twitter, …

fortune.com

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X Has Lost 75% Of Its Value Since Elon Musk Took Over - Euronews

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Oct 1, 2024  · The value of social media platform X has plunged by over 75 per cent compared to when billionaire owner Elon Musk bought it two years ago. The information comes from a …

euronews.com

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X Value Down 80% Since Elon Musk's Twitter Takeover: Fidelity Report

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Oct 2, 2024  · That's 79% less than the fund's estimate of its shares in October 2022 when Elon Musk took over Twitter, which were valued at $19.66 million. Applying the shares' relative …

usatoday.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  · This isn’t the first time Fidelity has cut the value of its holding in X. As of July’s end, Fidelity had valued its shares in X at about $5.5 million. This 78.7% markdown implies …

techcrunch.com

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How Much Money Has X Lost Since Elon Musk Took Over? – Deseret …

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Oct 2, 2024  · Extrapolating Fidelity’s loss shows an X valuation of around $9.2 billion currently. While Musk has added new ways for X to make money, like charging for premium …

deseret.com

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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  · 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 …

cnn.com

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X’s Value Has Fallen 79% Since Musk Takeover, Fidelity Estimates

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Sep 30, 2024  · The investment company that helped Musk buy Twitter in October 2022 slashed the value of its holding by 78.7% as of late August. Fidelity, which originally invested $19.66 …

newsnationnow.com

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Since Elon Musk’s Twitter Purchase, Firm Reportedly Lost 72% Of Its …

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Jan 2, 2024  · Fidelity cuts value of X stake, implying 72% drop since Musk paid $44 billion. Fidelity's latest valuation of its stake in X implies that Elon Musk's social network is worth …

arstechnica.com

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Stake In X Has Fallen 72% Since Elon Musk Bought The Company

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Jan 2, 2024  · Musk bought the company in October of 2022 for $44 billion. If the company as a whole has also fallen by 72% since his purchase, that means it’s now worth roughly $12.3 …

deadline.com

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X Is Worth 71% Less Now After Elon Musk Took Over And Burned Its ...

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Jan 3, 2024  · Elon Musk's X has lost over 71% of its value since the mercurial billionaire acquired it in October 2022, says asset manager Fidelity. Fidelity says the company is now worth 71.5% …

businessinsider.com

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X's Value Fell Drastically Since Elon Musk Bought It, Fidelity ... - MSN

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Elon Musk's X has seen its value drop dramatically from when he purchased it for $44 billion in 2022. The social media platform's value has nosedived 78.7 percent, TechCrunch reports. …

msn.com

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Elon Musk’s Desperate Search For Revenue At X - Fortune

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Feb 14, 2024  · Elon Musk’s desperate search for revenue at X. BY Mathew Ingram. February 14, 2024, 3:00 AM PST. According to Fidelity, the market value of X has likely fallen about 70% …

fortune.com

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X's Value Down 75% Since Takeover - LinkedIn

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Oct 2, 2024  · 19h. 🐦 Since Elon Musk acquired Twitter/X, the company lost more than 75% according to co-investor Fidelity. Fidelity’s latest report values X (formerly Twitter) at less than …

linkedin.com

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X's Value Has Fallen 79% Since Musk Takeover, Fidelity Estimates

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Sep 30, 2024  · General News. (NewsNation) — The social media platform X has retained less than a quarter of its worth in the two years since Elon Musk bought it for $44 billion, new …

allsides.com

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X’s Value Gone Down By Almost 79% Since Elon Musk's Takeover

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Sep 30, 2024  · Fidelity Investments has significantly reduced the value of its stake in X, the social media platform formerly known as Twitter, cutting its worth to less than a quarter of Elon …

tribune.com.pk

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Twitter Has Lost 80% Of Its Value Since Elon Musk Renamed It X: …

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Oct 2, 2024  · The platform is reportedly worth less than $10 billion today. Elon Musk's X is now valued at $9.4 billion. Latin Times. New estimates from Fidelity proved Elon Musk might have …

ibtimes.com

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X's New CFO Received A Presidential Pardon From Donald Trump

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17 hours ago  · The value of X has also fallen sharply. In January, asset manager Fidelity said X had lost over 71% of its value since Musk acquired it in October 2022. Advertisement

businessinsider.com

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X’s Value Plummets By 75% Since Elon Musk’s Takeover: A

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Oct 5, 2024  · The once-prominent social media platform, Twitter, now rebranded as X, has seen its value nosedive by 75% since Elon Musk‘s $44 billion (€39.6 billion) acquisition in October …

linkedin.com

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X’s Value Has Fallen More Than 75% Since Elon Musk Took Over

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Sep 30, 2024  · 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 …

onswm.com

FAQs about X's value has fallen more than 75% since Elon Musk took over Coupon?

How much is Elon Musk's X worth?

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 Fund now values its stake in X, formerly known as Twitter, at approximately $4.19 million, based on newly released disclosures from Fidelity’s Blue Chip Growth Fund. ...

Is Elon Musk's X losing users?

SEE ALSO: Elon Musk's X is losing users in the U.S., UK, and EU. X's own data proves it. The financial platform should know what it's talking about, too, because it helped Musk acquire X back in 2022 and owns a stake in the company. Fidelity's initial investment, per TechCrunch, was $19.66 million. ...

Did Elon Musk take over X?

According to investment giant Fidelity, estimates of its shares in X have become 80% less valuable since Elon Musk took over. ...

Did Elon Musk buy social media platform X?

The value of social media platform X has plunged by over 75 per cent compared to when billionaire owner Elon Musk bought it two years ago. The information comes from a disclosure report for Fidelity’s Blue Chip Growth Fund. As of July, the fund had an equity stake in X worth $5.5 million (€4.96 million). ...

Did Elon Musk overpay for Twitter?

New estimates from Fidelity proved Elon Musk might have overpaid for Twitter, which he rebranded to "X" in July 2023. The tech billionaire acquired the social media platform for $44 billion in 2022. At the time, Fidelity, an asset management firm that owns an equity stake in X, estimated its shares were worth $19.66 million. ...

Did Elon Musk buy Twitter?

That's 79% less than the fund's estimate of its shares in October 2022 when Elon Musk took over Twitter, which were valued at $19.66 million. Applying the shares' relative decline to the total value of X when it was purchased would indicate a $9.4 billion overall valuation, a steep drop from the $44 billion that Musk paid in the acquisition. ...

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