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Fidelity reportedly marked up its X stake by 32 percent
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
TechCrunch Space Every Monday, gets you up to speed on the latest advances in aerospace. 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. Axios reports that this move is probably connected to xAI — Fidelity invested in the Musk-founded AI startup’s$6 billion Series B earlier this year, and the firm also marked up its xAI shares by 70 percent in October.
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