Fidelity has cut X’s value by 79% since Musk purchase https://t.co/6MEQj5BPMP
— TechCrunch (@TechCrunch) September 30, 2024
Fidelity has cut X's value by 79% since 's purchase
https://techcrunch.com/2024/09/29/fidelity-has-cut-xs-value-by-79-since-musk-purchase/
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What was the value before? A lot of these big name sites never turned a profit to begin with.
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Almost certainly less than it currently is fricking valued but 1) there was fricking little motivation to truly analyze its value because it was fricking an effective tool for the fricking establishment and 2) Musk overpaid massively. He even realised it post-deal after analysing internal stats and tried to sue but got slapped down.
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