Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI ...
October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for ...
Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.
Elon Musk’s artificial intelligence startup xAI disclosed Thursday it raised $6 billion in equity financing—the company’s ...
Fidelity marked up the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report ...
Elon Musk took Twitter private for $44 billion. Fidelity raised the carrying valuation for the social media company in ...
The Grok AI chatbot on X has been limited to Premium users. However, as first spotted by The Verge, starting on Friday, free ...
Stellantis CEO Carlos Tavares resigns amid sales slump. Fidelity marks up value of its stake in Elon Musk's X by 32%: report.
Fidelity marked up the value of its holdings in Elon Musk's X by 32.37% in October, Axios reported Sunday, possibly boosted by the social media's stake in xAI. Despite the markup, Fidelity still ...
Meanwhile, Fidelity is also an investor in Musk's xAI artificial intelligence startup—which is training its large language model on X data—and marked up the value of its stake by around 70% in ...
Even though Fidelity marked up its holdings in X by an impressive 32.37 per cent, it still considers X to be worth ...