Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price

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Fidelity has cut its estimate of X's value by 79% since Musk's purchase | TechCrunch
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"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

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Correct me if I'm wrong but I'm pretty sure he gave an outlandish bid for Twitter to manipulate it's stock prices when he pulled put, but he was sued into following through.

I don't think he ever wanted to buy it, or at least he wanted to crash it's value to come back and buy it on the cheap.

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