Elon Musk's X is now worth less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity. The asset manager, Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price, according to Fidelity.
“Fidelity is currently valuing X at about $9.4 billion”
because it’s even less
but why 1/10 in particular? just any random number less than 1/4? is there a refrence or joke about 1/4 1/10?