X now worth 71% less than when Musk bought it, Fidelity estimates
The trajectory of X, formerly known as Twitter, has undergone a significant shift, witnessing a remarkable 71% decrease in its value since Elon Musk’s acquisition in late 2022. This downturn has raised concerns and prompted a closer examination of the dynamics surrounding Musk’s involvement with the social media giant. Fidelity, a prominent investment group, conducted…