Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value

Ars Technica
By Jon BrodkinJan 2, 2024, 3:23 pm557 ptsHotTop
Enlarge (credit: Getty Images | DNY59) Fidelity's latest valuation of its stake in X implies that Elon Musk's social network is worth about 71.5 percent less than when Musk bought the company in October 2022. Fidelity's Blue Chip Growth Fund has a relatively small stake in X. A monthly update for the fund…

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