Fidelity has cut X's value by 79% since Musk purchase
Fidelity has cut X's value by 79% since Musk purchase
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 Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price, according to Fidelity.
Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity.
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He tossed 33 billion dollars (so far) in the trash.
If Trump wins and the fascists triumph and his twitter buyout is seen as instrumental to that... well, good job I guess. He'll still never recoup that amount from trump government handouts. It's a ridiculous amount of money.
If Trump loses he'll have thrown away the money and his reputation for... nothing. A true business genius.
This is not about money but about ideology. They want fascism to win in the US and they'll pay any amount of money.