Fidelity just boosted the value of its stake in Elon Musk's xAI by 70%
Briefly

In October, Fidelity significantly raised the value of its shares in xAI by 70% to $75,062,706, highlighting a notable resurgence in the company's financial status.
The recent $5 billion funding round for xAI from notable investors, including Qatar’s sovereign-wealth fund, has propelled the company’s valuation to $50 billion, more than double its previous assessment.
Read at Business Insider
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