Chris Remington@beehaw.org to

Technology@beehaw.org · 1 year ago

Value of X has fallen 71% since purchase by Musk and name change from Twitter

www.theguardian.com

cross-posted to:
news@lemmy.world

229

Value of X has fallen 71% since purchase by Musk and name change from Twitter

www.theguardian.com

Chris Remington@beehaw.org to

Technology@beehaw.org · 1 year ago

cross-posted to:
news@lemmy.world

Mutual fund Fidelity, which owns stake in social media platform, marks down value of its shares in disclosure obtained by Axios

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1 year ago
The original value was based on ad revenue which is down now. It has nothing to do with VC hype or non paying users.

Technology@beehaw.org

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