Down 80%: Fidelity says X-twitter has plummeted in value since Elon Musk’s takeover

Source: HenryCorp

4 Comments

  1. > Applying the shares’ relative decline to the total value of X when it was purchased would indicate a $9.4 billion overall valuation, a steep drop from the $44 billion that Musk paid in the acquisition.

  2. The guy literally told his advertising clientele to GFY during major interview

    I’m sure he cares a lot haha

  3. And I guarantee that $9.2 billion valuation is bullshit as well.

    Analysts were saying Twitter was only worth that much back when Elon bought it. And Elon trashed Twitter’s cash flow.

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