Fidelity's continued support for both xAI and X highlights the strong confidence in Musk’s ventures as they see steady increases in valuation over consecutive months.
xAI's latest funding round of $6 billion, which Fidelity participated in, demonstrates the growing investor interest in advanced AI technologies and strengthens its financial backing.
Despite skepticism surrounding Musk's acquisition of X, Fidelity's valuation increases suggest a potential recovery trajectory and sustained value in the platform.
From September to November, Fidelity's valuations for both xAI and X have seen remarkable increases, indicating a positive outlook on Musk-led companies in the tech landscape.
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