Musk’s X Falls Below $10 Billion as Value Continues to Plummet
Elon Musk bought Twitter for $44 billionback in 2022. Asfirst spottedby Techcrunch, newly releasedfinancial documentsfrom the investor showed X Holdings Corp taking a haircut. This isnt the first time the investment firm has taken a haircut on the social media site. Elon Musk, chief executive officer of Tesla Inc., at the US Capitol in Washington, DC, US, on Wednesday, July 24, 2024.© Samuel Corum/Bloomberg via Getty Images Its financial disclosures show a history of Xs valuation sliding....