A general view of a Fidelity Investments branch in Washington, DC, on Tuesday, June 20, 2023.
Mandatory Credit:	Graeme Sloan/Sipa USA/Alamy Stock Photo

A general view of a Fidelity Investments branch in Washington, DC, on Tuesday, June 20, 2023.
Mandatory Credit: Graeme Sloan/Sipa USA/Alamy Stock Photo

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Fidelity fund again trims Elon Musk’s X valuation

Investment giant Fidelity believes the shares it holds of X, the platform formerly known as Twitter, are worth 71.5% less than when Musk first purchased the social media company in October 2022, according to a new securities filing.