X valuation now only 28% of price paid, following Musk telling advertisers to f*ck themselves<div class="feat-image">
</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>
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X valuation now only 28% of price paid, following Musk telling advertisers to f*ck themselves