X valuation now only 28% of price paid, following Musk telling advertisers to f*ck themselves

X valuation now only 28% of price paid, following Musk telling advertisers to f*ck themselves

9to5Mac

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Fidelity, a major private shareholder in the company formerly known as Twitter, has issued a new X valuation – stating that the company is now worth only 28% of the original $44B purchase price.

It further marked down the value of its shares from 33% following X owner Elon Musk telling major brands to “go f*ck yourself” after they paused advertising on the platform …

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