Fidelity marks down X valuation by 71.5% | TechCrunch
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Asset manager Fidelity has marked down its investment in Musk-owned X by 71.5% from the original valuation of shares.

Fidelity marks down X valuation by 71.5%::Asset manager Fidelity has marked down its investment in Musk-owned X by 71.5% from the original valuation of shares. 

  • kingthrillgore@lemmy.mlEnglish
    12·
    10 months ago

    And for 44 billion, so he basically got screwed out of a small fortune to ruin it for someone else. It would have been cheaper and as effective to distort the election to keep running it the way it was.