Fidelity has cut its estimate of X's value by 79% since Musk's purchase | TechCrunch
Fidelity has cut its estimate of X's value by 79% since Musk's purchase | TechCrunch
techcrunch.com Fidelity has cut its estimate of X's value by 79% since Musk's purchase | TechCrunch
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 Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price, according to Fidelity.
2 comments
Only 79%? That seems optimistic.
You can always sell the hardware if the IP/brand truely crashes and burns. Unlike other orgs like WeWork, the artist formerly known as twitter owns assets.