Elon Musk’s X lost nearly 80% of its value since acquisition – Report

Elon Musk’s social media platform X, formerly known as Twitter, is now worth almost 80% less than when he bought it two years ago, according to recent estimates from investment firm Fidelity. Musk acquired X for $44 billion in October 2022, but Fidelity’s latest evaluation suggests the platform is currently valued at just $9.4 billion. Read More

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