Fidelity has cut X's value by 79% since Musk purchase | TechCrunch
Briefly

Fidelity's latest report shows it values its stake in X at around $4.18 million, a drastic reduction from its initial investment of $19.66 million.
The 78.7% markdown implies that Fidelity is valuing X at about $9.4 billion overall, marking a significant decline since Musk's $44 billion purchase.
Read at TechCrunch
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