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Following a big earnings beat later that month, Tesla's stock surged by 22%, leading Musk's net worth to increase by about $30 billion. The morning of Trump's reelection on November 6, which Musk ...
Find: What is Jim Cramer’s Net Worth? On October 28, 2022, after much speculation, he purchased social media platform for $44 billion. According to Bloomberg, he not only overpaid for the ...
Musk bought X, formerly Twitter, for the same price in 2022, but some investors including Fidelity Investments have sharply written down the value of their stake as the platform struggled to ...
Tesla's stock sank by more than $125 billion the next market day, causing Musk to lose about $30 billion of his net worth. [50] [51] Within three days after Twitter agreed to be acquired, Musk had sold $8.5 billion of his Tesla shares. [52]
The new valuation means xAI has surpassed the $44 billion Musk paid for Twitter in October 2022. X was valued at $9.4 billion by Fidelity, one of its investors, in September.
Twitter’s Net Worth: $13.316 Billion ... following the news of Musk’s 9.2% stake. Twitter’s Performance in the Second Quarter of 2022. In its July 22 earnings release, Twitter attributed ...
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The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk bought it, according to estimates from investment giant Fidelity.