Fidelity has cut its estimate of X's value by 79% since Musk's purchase | TechCrunch
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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 Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price, according to Fidelity.

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.

  • Omgarm@lemmy.worldEnglish
    291·
    3 months ago

    Haha the poor company is only worth 11 billion. Fuckin’ worthless. Surely Elon can’t do anything to influence the world with one of his companies barely worth anything.

    But I am glad it’s value is going down. Twitter sucks.

      • PhenEnglish
        7·
        3 months ago

        9.4 billion is the value mentioned on the article. 78.7% devaluation.