Fidelity has cut X's value by 79% since Musk purchase - eviltoast
Fidelity has cut its estimate of X's value by 79% since Musk's purchase | TechCrunch
techcrunch.com
Elon Musk's X is now worth less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity.  The asset Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price, according to Fidelity.

Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity.

  • Che Banana@beehaw.orgEnglish
    16·
    1 month ago

    This was the plan (tinfoil hat time). Since the Arab spring, governments and regimes have wanted to control the free communication of people so that they would not be able to organize effectively. Now, the enshitification has taken a life of its own.