Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.

The auto industry is battling slowing EV demand, rising Chinese competition, and potential tariffs on Mexican imports.

Fidelity marked up the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report ...

Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI ...

Elon Musk took Twitter private for $44 billion. Fidelity raised the carrying valuation for the social media company in ...

Two years after Elon Musk bought Twitter for tens of billions of dollars, the value of the social media platform might be on ...

Since the takeover of Twitter, one investor has booked discounts on his shares. This changed for the first time in October, ...

Stellantis CEO Carlos Tavares resigns amid sales slump. Fidelity marks up value of its stake in Elon Musk's X by 32%: report.

Some panned the billionaire for overspending on Twitter, but the platform is winning him favor with Donald Trump and ...

While the United States’ concern is valid for the most part, the report says that their fear stems partly from China’s rapid ...

Even though Fidelity marked up its holdings in X by an impressive 32.37 per cent, it still considers X to be worth ...

Fidelity has raised the estimated value of its stake in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to ...