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Fidelity marks up value of its stake in Elon Musk's X

Business Insider · 1d

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—Who Are the 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.

TechCrunch · 17h

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

1d

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.

6don 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 ...

2don 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 ...

7d

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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