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”
Yeah, but he didn’t pay $44Bn out of his own pocket.
he did. the fact he had to borrow the cash is irrelevant, he now owes someone 44B.