Elon Musk's X gets another valuation cut from Fidelity
Elon Musk's X gets another valuation cut from Fidelity
Fidelity has again marked down the value of its shares in X Holdings, which the mutual fund giant helped Elon Musk buy for $44 billion when the company was known as Twitter.
By the numbers: Fidelity believes that X is worth 71.5% less than at the time of purchase, according to a new disclosure that runs through the end of November 2023 (Fidelity revalues private shares on a one-month lag).
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Quick Mr.Musk, before they realize your an imbecile, find some new piece of vaporware to hype up to your stans.
"we dug our own grave with Twitter"
I'm pretty sure he said "We dug our own grave with Cybertruck", not Twitter.
I think he said that "Earth will know Advertisers are to blame for Twitter's downfall", or something to that effect. You know, the more ridiculous quote.
That's correct, I was harkening esteemed musk critic Thunderf00t, who purposely changes the quote depending on the specific subject of his videos.
- you're an imbecile