Elon Musk has wiped out 72% of Twitter’s value since taking over, Fidelity reveals in new filing
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 Inc. a little more than a year ago. The investment firm, which helped Musk complete the $44 billion purchase, cut the value of its holding in X by 19% in…
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