Elon Musk’s X is worth nearly 80% less than when he bought it, Fidelity estimates | CNN Business

https://www.cnn.com/2024/10/02/business/elon-musk-twitter-x-fidelity/index.html?Date=20241002&Profile=CNN,CNN+International&utm_content= [login to see] &utm_medium=social&utm_source=facebook&fbclid=IwZXh0bgNhZW0CMTEAAR3Zvex4rELv8peDzmh-tn5_gu3exflOUABNB5Rj2DG3zxaoDKpTlktTPYo_aem_iUQfr7lH5rQbMYqp359x-Q

“Analysts say Fidelity’s plunging price tag for X likely reflects shrinking ad revenue at the company, which no longer publicly releases quarterly financial metrics.“