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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on January 08, 2024, 04:05:10 pm



Title: X valuation now only 28% of price paid, following Musk telling advertisers to f*ck themselves
Post by: HCK on January 08, 2024, 04:05:10 pm
X valuation now only 28% of price paid, following Musk telling advertisers to f*ck themselves

<div class="feat-image">(https://9to5mac.com/wp-content/uploads/sites/6/2024/01/X-valuation.jpg?quality=82&strip=all&w=1600)</div><p>Fidelity, a major private shareholder in the company formerly known as <a href="https://9to5mac.com/guides/twitter/" target="_blank" rel="noreferrer noopener">Twitter[/url], has issued a new X valuation – stating that the company is now worth only 28% of the original $44B purchase price.</p>



<p>It further marked down the value of its shares from 33% following X owner Elon Musk telling major brands to “<a href="https://9to5mac.com/2023/11/29/elon-musk-apple-disney-advertising-commment/" target="_blank" rel="noreferrer noopener">go f*ck yourself[/url]” after they paused advertising on the platform … </p>



 <a href="https://9to5mac.com/2024/01/02/x-valuation-now-only-28-percent/#more-926118" data-post-id="926118" data-layer-pagetype="post" data-layer-postcategory="" data-layer-viewtype="unknown" class="more-link">more…[/url]

Source: X valuation now only 28% of price paid, following Musk telling advertisers to f*ck themselves (https://9to5mac.com/2024/01/02/x-valuation-now-only-28-percent/)