People say that X aka Twitter was a bad investment because advertising revenue is down from when Elon Musk purchased it at $44 billion. The losses are not that bad while advertising is down, Elon was ...

Ty Roush is a breaking news reporter based in New York City.

The valuation of social media platform X has dropped dramatically in the eyes of major investment firm Fidelity, according to multiple reports. The market value of Fidelity Blue Chip Growth Fund's ...

Elon Musk and his investors in X have seen the value of the social media platform plunge 72% — resulting in $24 billion in paper losses — since the tycoon purchased the company less than two years ago ...