X valued at 80 per cent less since Elon Musk’s acquisition, says Fidelity

The social media platform X, formerly known as Twitter, is reportedly worth almost 80 per cent less than it was two years ago when Elon Musk acquired it, according to recent estimates from investment giant Fidelity. This staggering drop in value has raised concerns about the platform’s future and its financial health under Musk’s ownership.

From $44 billion to $9.4 billion: A steep decline