X Is Worth 72% Less Than the $44 Billion Elon Musk Paid for It, Despite 32% Rebound in Share Valuation

Twitter

The platform is worth $12.32 billion after Fidelity recently marked up X’s valuation Credit: Britta Pedersen-Pool/Getty Images X is worth 72% less than the $44 billion owner Elon Musk paid for the app formerly known as Twitter, despite that Fidelity had recently marked up the value of its shares by 32.37%, according to a valuation from Fidelity. The new valuation — which says the company formerly known as Twitter is now worth $12.32 billion — comes from a Sunday report in Axios . Fidelity’s

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