Fidelity fund again trims Elon Musk’s X valuation

Fidelity fund again trims Elon Musk’s X valuation

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Investment giant Fidelity believes its shares of X, the platform formerly known as Twitter, are worth 71.5% less than when Musk first purchased the social media company in October 2022, according to a new securities filing. The latest disclosure by a Fidelity mutual fund reflects a long-running…

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