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.ml
      link
      fedilink
      English
      arrow-up
      12
      ·
      edit-2
      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.