People say that X aka Twitter was a bad investment because advertising revenue is down from when Elon Musk purchased it at $44 billion. The losses are not that bad while advertising is down, Elon was ...

Billionaire Elon Musk paid $44 billion to acquire social media platform Twitter, which he later rebranded to X. The valuation of the platform has declined sharply since the 2022 purchase with Fidelity ...

The valuation of social media platform X has dropped dramatically in the eyes of major investment firm Fidelity, according to multiple reports. The market value of Fidelity Blue Chip Growth Fund's ...

The value of X, formerly Twitter, is now estimated to be less than a quarter of the $44 billion Elon Musk paid for it. The social media platform has suffered an advertiser and user exodus sparked by ...