The valuation of social media platform X has dropped dramatically in the eyes of major investment firm Fidelity, according to multiple reports. The market value of Fidelity Blue Chip Growth Fund's ...

Ty Roush is a breaking news reporter based in New York City. Elon Musk’s X is worth a little more than one-fifth of the $44 billion he paid to acquire the social media platform formerly known as ...

The value of X, formerly Twitter, is now estimated to be less than a quarter of the $44 billion Elon Musk paid for it. The social media platform has suffered an advertiser and user exodus sparked by ...

Fidelity marked up the value of its holdings in Elon Musk's X by 32.37% in October, Axios reported Sunday, possibly boosted by the social media's stake in xAI. Despite the markup, Fidelity still ...

Elon Musk's $44 billion Twitter buyout was seen by many as overpriced. But the social-media platform has helped give Musk close access to the Trump administration. Twitter, now X, has also been a ...