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Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price (techcrunch.com)

submitted 6 days ago by GeneralInterest@lemmy.world to c/technology@lemmy.world

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"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

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[-] apfelwoiSchoppen@lemmy.world 268 points 6 days ago

Honestly terrifying that they still think it is worth that much.

[-] sqibkw@lemmy.world 3 points 5 days ago

I wouldn't be surprised if part of this remaining value is because the Japanese internet still heavily relies on it as a platform, even if the west has begun moving elsewhere.

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this post was submitted on 30 Sep 2024

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