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 manager’s Blue Chip Growth Fund now values its stake in ...

The valuation of social media platform X has dropped dramatically in the eyes of major investment firm Fidelity, according to multiple reports. The market value of Fidelity Blue Chip Growth Fund's ...

Ty Roush is a breaking news reporter based in New York City. Elon Musk’s X is worth a little more than one-fifth of the $44 billion he paid to acquire the social media platform formerly known as ...

The value of X, formerly Twitter, is now estimated to be less than a quarter of the $44 billion Elon Musk paid for it. The social media platform has suffered an advertiser and user exodus sparked by ...

Elon Musk's $44 billion Twitter buyout was seen by many as overpriced. But the social-media platform has helped give Musk close access to the Trump administration. Twitter, now X, has also been a ...

Fidelity, which helped Elon Musk acquire the platform formerly known as Twitter in late 2022, announced that its stake in the company has fallen 72% in that time, according to an analysis by Bloomberg ...