Fidelity reportedly marked up its X stake by 32 percent

By / / Tech / 1 minute of reading


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 […]

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Anna Riley is a news writer for Daily Content Newsletter. She writes about sports, education, and technology. She's a long-time sports fan and avid runner who has run several marathons. She's also an expert on the latest trends in education—whether that's in the classroom or online. Her favorite part of writing is getting to learn about new things and share them with her readers.

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