Technology

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Fidelity has cut X's value by 79% since Musk purchase (techcrunch.com)

submitted 2 years ago* by BrikoX@lemmy.zip [M] to c/technology@lemmy.zip

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Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity.

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[–] Phen@lemmy.eco.br 7 points 2 years ago

9.4 billion is the value mentioned on the article. 78.7% devaluation.

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