They have spent the last couple of years, when Elon Musk bought the Twitter and lot of water has passed under the bridge. The entrepreneur african-south tyrol, in fact, is derived from the platform to the X, but the current economic situation is not rosy.
Based on what you have stated, the Fidelity, the value of a net of X, it was down to 79% after making a purchase from the contractor. This is particularly important, especially if you take into account that Fidelity did the Musk of purchase X X X X in 2022, and still owns a share of the stake in the company today.
TechCrunch explains that an investment in the original Fidelity was equal to 19.66 million dollars, and in its latest financial delivers the stock to a total of 4.185 million dollars, a decrease of 79%.
The bells of the first alarm, had arrived already in January of last year, when Fidelity was assessed, always the part of her in the X 71.5% less than the amount of the payment. This is added to the recent reports that suggest a collapse of the revenue of the X-and drive the mass of the advertisers of X, which is intended to carry out a review of other expense in the year of 2025, by reducing significantly the costs. In short, the future of the X, it looks more and more uncertain.
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