Would Elon Musk sell X as losses mount? Experts weigh in.
ABC News
Ongoing losses could make a sale attractive for Elon Musk but obstacles to such a move remain.
Days after Elon Musk bought X for $44 billion last year, he strolled through the glass doors at company headquarters carrying a kitchen sink.
"Let that sink in," he said.
Now, Musk faces a difficult reality of his own: A sharp decline in the value of X totaling tens of billions of dollars in losses.
The mutual fund Fidelity values the company at less than a third of its worth at the time of the acquisition, Axios recently reported.
That revelation adds urgency to a lingering question among some observers: Would Musk sell?
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