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    HomeBlogValue of X has fallen 71% since purchase by Musk and name...

    Value of X has fallen 71% since purchase by Musk and name change from Twitter

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    Mutual fund Fidelity, which owns stake in social media platform, marks down value of its shares in disclosure obtained by Axios

    The social media platform X has lost 71% of its value since it was bought by Elon Musk, according to the mutual fund Fidelity.

    Fidelity, which owns a stake in X Holdings, said in a disclosure obtained by Axios that it had marked down the value of its shares by 71.5% since Musk’s purchase.

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    ​Business | The Guardian

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