The entire story of Twitter / X under Elon Musk
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X said to be worth less than 29 percent of what Musk paid.
Fidelity, an investor that put over $300 million into Elon Musk’s takeover of Twitter, now believes the company is worth 71.5 percent less than the $44 billion paid for it, Axios reports. That implies a total valuation of between $12 and $13 billion and includes a drop of 10.7 percent in the month of November alone when Musk told advertisers to “go fuck” themselves.
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