Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value

Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value

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Fidelity's latest valuation of its stake in X implies that Elon Musk's social network is worth about 71.5 percent less than when Musk bought the company in October 2022. Fidelity's Blue Chip Growth Fund has a relatively small stake in X. A monthly update for the fund listed the value of its "X…

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