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Wednesday, October 2, 2024

X has lost 75% of its value since Elon Musk took over

X has lost 75% of its value since Elon Musk took over


The value of social media platform X has plunged by over 75 per cent compared to when billionaire owner Elon Musk bought it two years ago.

The information comes from a disclosure report for Fidelity’s Blue Chip Growth Fund. As of July, the fund had an equity stake in X worth $5.5 million (€4.96 million)

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