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Fidelity marks down X valuation by 71.5% (techcrunch.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Fidelity marks down X valuation by 71.5%::Asset manager Fidelity has marked down its investment in Musk-owned X by 71.5% from the original valuation of shares.

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[-] [email protected] 5 points 1 year ago

Yep.

By design. Which is a good thing for the rest of the world. Twitter has been a cesspool from the start.

this post was submitted on 04 Jan 2024

241 points (95.5% liked)

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