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

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

2 weeks from now

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

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

2 weeks from now

Oct 2, 2024  · The market value of Fidelity Blue Chip Growth Fund's shares in the private company is estimated at $4.2 million, according to a monthly report released Sunday. That's 79% less …

usatoday.com

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

2 weeks from now

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

X Value Now Down 80% Since Elon Musk Takeover - Yahoo Finance

2 weeks from now

Oct 2, 2024  · In a Fidelity prospectus released last week, the financial giant reports its investment in Musk’s purchase of Twitter in October 2022, worth nearly $20 million at the time, had …

yahoo.com

X's Value Plummets By 80% Since Musk's Acquisition, Fidelity

2 weeks from now

Oct 2, 2024  · Fidelity estimates that X, the social media platform formerly known as Twitter, is now worth nearly 80% less than when Elon Musk bought it for $44 billion in 2022, CNN reports. …

msn.com

X's Value Plummets By 80% Since Musk's Acquisition, Fidelity …

2 weeks from now

Oct 2, 2024  · The media could not be loaded, either because the server or network failed or because the format is not supported. Fidelity estimates that X, the social media platform …

yahoo.com

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

2 weeks from now

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

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

2 weeks from now

Sep 30, 2024  · Fidelity marked down the value of X by nearly 80% (exactly 78.7%) in its Blue Chip Growth Fund annual report, filed Saturday. The filing showed that Fidelity's initial …

entrepreneur.com

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

2 weeks from now

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

X Has Dropped 80% Of Value Since Musk Bought It: Report - Newser

2 weeks from now

Oct 2, 2024  · Now, two years later, there's been a bit of a shift—and not in Musk's favor. TechCrunch reports that Fidelity's latest valuation puts those shares at just $4.2 million as of …

newser.com

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

2 weeks from now

But even by July's end, Fidelity valued its shares in X at about $5.5 million. Thus, Fidelity is valuing X at a measly $9.4 billion at the moment. For those who partnered with Musk to carry …

msn.com

Fidelity Fund Again Trims Elon Musk’s X Valuation

2 weeks from now

Jan 2, 2024  · That’s a sharp drop from the $19.66 million the Fidelity fund said its stake was worth around the time that Musk was finalizing his acquisition of Twitter, and 14.5% less than the …

cnn.com

Fidelity’s X Stake Fell 72% In Value Since Musk Buy - Yahoo Finance

2 weeks from now

Jan 2, 2024  · Fidelity said in a recent document that its current stake in X was worth $5.6 million in November. That’s down 72% from the value of its stake at the time of the takeover. The …

yahoo.com

X Valued At 80 Per Cent Less Since Elon Musk's Acquisition, Says …

2 weeks from now

Oct 2, 2024  · Musk took Twitter private in October 2022, after purchasing the platform for $44 billion. Since then, the company no longer trades publicly, but Fidelity continues to report on …

business-standard.com

Fidelity Has Cut X's Value By 79% Since Musk Purchase

2 weeks from now

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

allsides.com

X's Value Drops 71%: Fidelity Links Decline To Elon Musk's

2 weeks from now

Jan 2, 2024  · What Happened: Fidelity reported that the value of X crashed by over 71% after Elon Musk’s acquisition, as mentioned in a recent Axios story. Musk bought the social media …

benzinga.com