X (Twitter) Bleeds Value As The Villages of Advertisers Cook for It

It is becoming a very expensive game for Elon Musk as Twitter (yes, X) continues to bleed value: “Fidelity Investments, a major asset management firm, that helped Musk acquire X, has significantly reduced the value of its stake, cutting the platform’s valuation to just $9.4 billion, a steep drop from Elon Musk’s initial $44 billion [...]The post X (Twitter) Bleeds Value As The Villages of Advertisers Cook for It appeared first on Tekedia.

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