X's value is down horribly, according to company that helped Elon Musk buy it – Mashable

The value of X (formerly Twitter) continues to circle the toilet at an impressive rate.
The social media platform is now worth 79 percent less than what it was worth when Elon Musk purchased it, according to analysis by investor Fidelity.
The financial platform should know what it’s talking about, too, because it helped Musk acquire X back in 2022 and owns a stake in the company. Fidelity’s initial investment, per TechCrunch, was $19.66 million. Fidelity’s latest financial report, meanwhile, […]
X's value is down horribly, according to company that helped Elon Musk buy it – Mashable