Multi-hyphenate billionaire Elon Musk's social media platform X-formerly-Twitter has lost a shocking amount of its value ever since he took over in late 2022. That means the asset manager is now ...
Musk had agreed to purchase the company for about US$44 billion earlier this month. Twitter's value, calculated based on its share price, has fallen in recent weeks along with a broader decline in ...
New estimates from Fidelity proved Elon Musk might have overpaid for Twitter, which he rebranded to "X" in July 2023. The tech billionaire acquired the social media platform for $44 billion in 2022.
When Elon Musk bought the former Twitter in October 2022 for $44 billion, the investment firm Fidelity held some $19.66 ...
Texas is now home to a company that isn't valued anywhere close to what it was during its California heyday. Elon Musk's X has seen its value drop dramatically from when he purchased it for $44 ...
The tech CEO literally jumped for joy while stumping for the former president in Pennsylvania over the weekend.
Elon Musk on Sunday embraced a racist and wildly conspiratorial election theory ― only to get fact-checked by fellow ...
When Musk bought Twitter two years ago, Fidelity invested $19.66 billion dollars into the company through its Blue Chip Fund. As of this writing, Fidelity estimates the value of that investment ...
Elon Musk puts his hand on the back of former President ... In the same way, Musk didn’t have to buy Twitter. In fact, it was by all accounts a poor financial decision. But Musk, like Trump ...
the financial giant reports its investment in Musk’s purchase of Twitter in October 2022, worth nearly $20 million at the time, had declined in value to $4.2 million as of the end of August 2024.
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 manager’s Blue Chip Growth Fund now values its ...
