X (Formerly Twitter) Value Drops 71%

An episode of the Elon Musk Podcast podcast, hosted by Stage Zero, titled "X (Formerly Twitter) Value Drops 71%" was published on January 3, 2024 and runs 5 minutes.

January 3, 2024 ·5m · Elon Musk Podcast

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Summary

Fidelity has adjusted its valuation of shares in X Holdings, a company previously recognized as Twitter. This adjustment comes as part of the mutual fund giant's ongoing assessment of its investment, originally made when Elon Musk acquired the company for $44 billion.

Episode Description

Fidelity has adjusted its valuation of shares in X Holdings, a company previously recognized as Twitter. This adjustment comes as part of the mutual fund giant's ongoing assessment of its investment, originally made when Elon Musk acquired the company for $44 billion.

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