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Elon Musk’s X is worth nearly 80% less than when he bought it, Fidelity estimates
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.
Elon Musk’s X Worth 79% Less Than When He Bought It
Elon Musk's X is worth nearly 80% less than what he paid for the social platform, formally known as Twitter, when he bought it two years ago
Twitter Has Lost 80% of Its Value Since Elon Musk Renamed It X: Report
He said he believes Twitter was actually worth about $30 billion when Musk bought it and now that number is closer to $15 billion. Ives added that engagement on the platform remai
Fidelity has cut its estimate of X’s value by 79% since Musk’s purchase
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, Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price,
X's value fell drastically since Elon Musk bought it, Fidelity estimates
Texas is now home to a company that isn't valued anywhere close to what it was during its California heyday. Elon Musk's X has seen its value drop dramatically from when he purchased it for $44 billion in 2022.
X is now worth less than 25% of what Elon Musk paid for it
And by Fidelity’s calculations, the site is now worth less than 25% of the $44 billion Musk paid for it. When Musk bought Twitter, Fidelity invested $19.66 million. As of the end of July, it says, those shares were worth just $5.
X has lost 75% of its value since Elon Musk took over
A disclosure from an investment company with equity in the company indicates that X's value has significantly declined since 2022.
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1d
X/Twitter’s Net Worth Reportedly Takes Massive Dive
The platform formerly known as Twitter has gone through some major changes since Elon Musk’s 2022 takeover. The billionaire ...
Futurism
22h
Elon Musk Has Wiped Out a Shocking Amount of Twitter's Value In Less Than 2 Years
Elon Musk's social media platform X-formerly-Twitter has lost a shocking amount of its value ever since he took over in late ...
6d
Twitter/X is suspending way more people under Elon Musk
Hoo boy, Twitter/X just released its first Global Transparency Report since Elon Musk took over and made everything worse, ...
8d
X/Twitter Is Making More Changes to the Block Button, Making Posts From Public Accounts Visible to Everyone
X/Twitter is set to make even more changes to the block function, with Elon Musk confirming that "the block function will ...
5d
X blocks links to hacked JD Vance dossier believed to be part of Iran attack, suspends journalist’s account
Now, when users enter the link to the newsletter in X’s search bar, an error flag tells users to “try searching for something ...
1d
Musk’s X Falls Below $10 Billion as Value Continues to Plummet
Elon Musk bought Twitter for $44 billion back in 2022. Now it’s worth less than a quarter of that, according to a new ...
3d
Twitter Under "Free Speech Absolutist" Elon Musk Is Actually Suspending Way More People Than Before
Ban Happy X, formerly Twitter, has just released the first transparency report to come out under its new ownership, which ...
2d
I live in Brazil where Twitter is banned – Musk would do well to see how quickly life moved on
On Saturday August 31 I awoke to the usual hum of street life and traffic as São Paulo – South America’s charmingly chaotic ...
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