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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] 12 points 1 year ago* (last edited 1 year ago)

And for 44 billion, so he basically got screwed out of a small fortune to ruin it for someone else. It would have been cheaper and as effective to distort the election to keep running it the way it was.

[-] [email protected] 8 points 1 year ago

"small"

this post was submitted on 04 Jan 2024

241 points (95.5% liked)

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