Birdwatch Note Rating
2024-10-02 11:21:03 UTC - NOT_HELPFUL
Rated by Participant: B692402CBA8E65644A5B54776A1EEDD3EAC6CF715FE4E268DEB061699AF9F67C
Participant Details
Original Note:
Fidelity has a .04% stake in X. “The firm’s unit has reduced the value of its holding in X by a total of 78.7% as of August end” This $35b loss claim is unsubstantiated due to lack of proof. Investors routinely force CEO’s to resign when significant losses occur. https://www.benzinga.com/markets/mutual-funds/24/09/41103959/elon-musk-bought-x-for-44b-now-fidelity-values-social-media-network-below-10b
All Note Details