X’s value has fallen 79% since Musk takeover, Fidelity estimates
Fidelity, which originally invested $19.66 million, now values its stake in the company at $4.19 million. The reduction implies Fidelity now values X at just under $10 billion, according to estimates in a Monday Tech Crunch report. The latest numbers are based on new Fidelity Blue Chip Growth Fund disclosures.
2don MSN
Fidelity recently reduced its mobile-deposit limit to $1,000 from $100,000 for certain customers after a number of check ...
The firm has today (Oct. 2) announced the final close of its Fidelity Venture Capital Fund I LP which has raised $250 million ...
Fidelity Investments announced the final close of the Boston-based firm’s maiden private equity vehicle, Fidelity Venture ...
Fidelity was one of the investors in Elon Musk's buyout of Twitter/X in 2022. The fund has cut its valuation for the social ...
Learn about Fidelity's FBTC Spot Bitcoin ETF, what it is, how it works, and step-by-step instructions on how to buy it to ...
Scammers recently used social media to urge Fidelity customers to join a fraud involving checking deposits made through the ...
Fidelity is letting advisors know that it intends to start blocking third-party tools from accessing its retirement accounts.
Fidelity Investments put stricter guardrails on the deposits customers make through its mobile app, hitting back against an ...
Elon Musk's social media platform X is now valued at $9.4 billion, significantly lower than its $44 billion purchase price.
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