Elon Musk’s X is worth nearly 80% less than when he bought it, Fidelity estimates

https://www.cnn.com/2024/10/02/business/elon-musk-twitter-x-fidelity/index.html

by GoMx808-0

4 comments
  1. Tech stocks are vastly over valued with the primary driver being future stock value growth, not profit.  Reminds me of crypto which has no value or association to value, only a speculation of going up.

    I guess Twitter, X is being treated like any other company and being asked to show its profitability.

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