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Fidelity marks up value of its stake in Elon Musk's X
Fidelity reportedly marked up its X stake by 32%
Fidelity marked up the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report in Axios. Even with this
Fidelity just boosted the value of its stake in Elon Musk's xAI by 70%
Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI in October.
Fidelity boosts valuations of its stakes in Elon Musk’s X and xAI startup, report says
October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, Axios said.
Observer
1d
Elon Musk’s xAI Just Doubled Its Valuation to $50B—Here Are 4 Biggest Winners?
Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.
3d
Fidelity Raises Valuation Of Elon Musk's X, But It Remains 72% Below Buyout Price
Elon Musk took Twitter private for $44 billion. Fidelity raised the carrying valuation for the social media company in ...
3d
Wall Street Breakfast Podcast: Tavares Exits As Stellantis Sales Slump
Stellantis CEO Carlos Tavares resigns amid sales slump. Fidelity marks up value of its stake in Elon Musk's X by 32%: report.
3d
on MSN
Elon Musk files for injunction to halt OpenAI’s transition to a for-profit
Counsel for billionaire Elon Musk have filed for an injunction against OpenAI, seeking to prevent the company from ...
8d
on MSN
Musk investors who got hosed on Twitter takeover set to reap windfall as xAI value surges: report
Musk has given 25% of the shares in his startup xAI to investors who helped fund his $44 billion acquisition of the social ...
Crypto Briefing
8d
Elon Musk announces xAI’s plans to launch AI game studio
Elon Musk's xAI ventures into AI gaming studio development, aiming to revolutionize gaming by challenging corporate and ...
9d
Want To Invest In Elon Musk's Private Companies Like SpaceX And xAI? Here's How You Can Do It Via This Cathie-Wood ETF
Cathie Wood's ARK Venture Fund now provides investors indirect access to Elon Musk-led private companies, including SpaceX, X ...
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