xAI, Elon Musk and Fidelity

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.
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.
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.
Fidelity Ups Valuation of Elon Musk’s X and xAI Stakes
Fidelity has raised the estimated value of its stake in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to an Axios report. Despite the boost, the social media platform is still valued at nearly 72% less than the $44 billion Musk paid to acquire it in 2022.
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 October after many months of markdowns.
Fidelity marks up the value of its holdings in Elon Musk's X by 32.37% in October
Even though Fidelity marked up its holdings in X by an impressive 32.37 per cent, it still considers X to be worth substantially less than the $44 billion Musk initially paid for it, valuing the platf
X Is Worth 72% Less Than the $44 Billion Elon Musk Paid for It, Despite 32% Rebound in Share Valuation
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.
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 ...
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