BrikoX@lemmy.zipM to Technology@lemmy.zipEnglish · 11 months agoFidelity marks down X valuation by 71.5%techcrunch.comexternal-linkmessage-square4fedilinkarrow-up1107arrow-down13 cross-posted to: [email protected]
arrow-up1104arrow-down1external-linkFidelity marks down X valuation by 71.5%techcrunch.comBrikoX@lemmy.zipM to Technology@lemmy.zipEnglish · 11 months agomessage-square4fedilink cross-posted to: [email protected]
minus-squareAshyrlinkfedilinkarrow-up16·11 months agoIs this on top of the 65% valuation drop from before or just an adjustment to it?
minus-squareBrikoX@lemmy.zipOPMlinkfedilinkEnglisharrow-up17·11 months agoIt mentions “from the original valuation of shares”, so just an adjustment.
minus-squarejacksilver@lemmy.worldlinkfedilinkarrow-up10·11 months agoSo it’s 71.5% drop from the initial, which makes it a 18.5% drop from the evaluation a month ago? If that’s true, that’s a huge drop. TLDR: Evaluation dropped 65% ~1 year and then dropped another 18.5% in a month.
minus-squareScratchlinkfedilinkEnglisharrow-up3·11 months agoHow long until Elon tells the valuation company to go fuck itself?
Is this on top of the 65% valuation drop from before or just an adjustment to it?
It mentions “from the original valuation of shares”, so just an adjustment.
So it’s 71.5% drop from the initial, which makes it a 18.5% drop from the evaluation a month ago? If that’s true, that’s a huge drop.
TLDR: Evaluation dropped 65% ~1 year and then dropped another 18.5% in a month.
How long until Elon tells the valuation company to go fuck itself?