Elon Musk's social media platform X-formerly-Twitter has lost a shocking amount of its value ever since he took over in late ...
He said he believes Twitter was actually worth about $30 billion when Musk bought it and now that number is closer to $15 ...
The loss of advertising revenue has hurt the platform formerly known as Twitter the past two years, and the worst may be yet ...
Fidelity currently values X at about $9.4 billion, which is much lower than the $44 billion it was worth when Musk bought it.
According to investment giant Fidelity, estimates of its shares in X have become 80% less valuable since Elon Musk took over.
Fidelity still holds equity in X, and estimates that its shares are worth 80% less than what they were worth before Musk’s ...
In “Character Limit,” New York Times reporters Kate Conger and Ryan Mac chronicle the rise and fall of the social media ...
To paraphrase former Defense Secretary Donald Rumsfeld, you wage mimetic warfare with the unsubstantiated smear you’ve got, ...
When Musk bought Twitter two years ago, Fidelity invested $19.66 billion dollars into the company through its Blue Chip Fund. As of this writing, Fidelity estimates the value of that investment ...
Throughout 2024, Fidelity has repeatedly tried to reduce its stake in the platform. In January, the firm shed the value of ...
The Securities and Exchange Commission (SEC) is planning to reprimand billionaire Elon Musk for skipping a ...
Exploring Elon Musk's limitations in running X (formerly Twitter) and how his genius in tech ventures like Tesla and SpaceX ...