The value of the social media platform X — formerly known as Twitter — has continued its plummet since the takeover by controversial billionaire Elon Musk. Fidelity, the company that helped Musk ...

Ty Roush is a breaking news reporter based in New York City. Elon Musk’s X is worth a little more than one-fifth of the $44 billion he paid to acquire the social media platform formerly known as ...

Elon Musk's $44 billion Twitter buyout was seen by many as overpriced. But the social-media platform has helped give Musk close access to the Trump administration. Twitter, now X, has also been a ...

High-profile investors who took painful losses backing Elon Musk’s takeover of Twitter are now in line for a sweet consolation prize — in the form of surging stakes in Musk’s artificial intelligence ...

Fidelity, which helped Elon Musk acquire the platform formerly known as Twitter in late 2022, announced that its stake in the company has fallen 72% in that time, according to an analysis by Bloomberg ...

Billionaire Elon Musk paid $44 billion to acquire social media platform Twitter, which he later rebranded to X. The valuation of the platform has declined sharply since the 2022 purchase with Fidelity ...

Fidelity kept its stake in Twitter, now known as X, after billionaire Elon Musk's purchase in 2022. The firm holds a position in the social media platform via a mutual fund, Fidelity Blue Chip Growth ...

With Elon Musk’s X Corp facing litigation in the United States, a registration refusal at the EUIPO and a loss of $3.2 billion in Twitter/X brand value, experts reflect on the company’s current brand ...

A Twitter investor placed the blame squarely on Elon Musk for cratering the value of the social media app and burning millions for those who invested in the company. Musk purchased the company — and ...