Bloomberg Technology

Musk’s X Value Cut by Another Fidelity Writedown

Fidelity has cut the valuation of its stake in Elon Musk’s X again, reflecting a 72% markdown since the billionaire bought the former Twitter a little more than a year ago. Bloomberg’s Kurt Wagner joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the…

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Fidelity has cut the valuation of its stake in Elon Musk’s X again, reflecting a 72% markdown since the billionaire bought the former Twitter a little more than a year ago. Bloomberg’s Kurt Wagner joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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6 Comments

  1. @1drummer172

    January 2, 2024 at 3:27 pm

    “Pride before the fall”…

  2. @beezletrip6

    January 2, 2024 at 3:28 pm

    X is better than ever!

  3. @wm6746

    January 2, 2024 at 4:04 pm

    The Genius 😂😂😂😂

  4. @keepitraw1

    January 2, 2024 at 4:07 pm

    This is propaganda of the globalist lizard people. Don’t believe it.

  5. @skytech2501

    January 2, 2024 at 4:22 pm

    X user base is growing so fast every month and on the other hand, mainstream media are the ones dying

  6. @jameswoods2576

    January 2, 2024 at 6:26 pm

    Tax break?

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