Fidelity reportedly marked up its X stake by 32 percent ...Middle East

Fidelity marked up the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report in Axios. Even with this markup, Fidelity still values the company at 72 percent less than the $44 billion that Musk purchased it for in 2022. Axios reports that this move is probably […] © 2024 TechCrunch. All rights reserved. For personal use only.

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