Fidelity slashes Twitter's value by 56%

Fidelity slashes Twitter's value by 56%

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Fidelity slashed its carrying value of Twitter by 56% during the first month of Elon Musk's ownership, according to a new disclosure. Driving the news: Fidelity was among the group of outside investors that helped Musk finance his $44 billion takeover of the social media site, by purchasing…

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