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.
Musk's reign at the former Twitter platform has seen a huge slide in its value, with advertisers jumping ship.
Elon Musk bought Twitter for $44 billion back in 2022. Now it’s worth less than a quarter of that, according to a new ...
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 ...
Elon Musk's limitations in running X (formerly Twitter) shows how his genius in tech ventures like Tesla and SpaceX don't ...
Fidelity has repeatedly tried to reduce its stake in the platform. In January, the firm shed the value of its shared by 10.2% ...
New estimates from Fidelity proved Elon Musk might have overpaid for Twitter, which he rebranded to "X" in July 2023. The tech billionaire acquired the social media platform for $44 billion in 2022.
Multi-hyphenate billionaire Elon Musk's social media platform X-formerly-Twitter has lost a shocking amount of its value ever since he took over in late 2022. According to recently released ...