Elon Musk’s X Loses 80% of its Value According to Fidelity Estimates
On October 2, 2024, new data from Fidelity revealed that Elon Musk’s X, formerly known as Twitter, has lost nearly 80% of its market value since its acquisition. Musk purchased the platform for $44 billion in October 2022, but recent evaluations put its current worth at approximately $9.4 billion. This sharp decline underscores the financial…
