Elon Musk's X may have lost over 71.5 percent of its value from its acquisition price of $44 billion.
The drop in valuation comes after Fidelity reduced the valuation of its holding in X by an additional 11 percent, with X now standing at less than a third of the price paid by the billionaire for
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.