9 AM ET: Iran's nuclear sites, abortion denial lawsuit, X's value drops & more
CNN 5 Things
00:00
Plummeting Value of Elon Musk's X and Advertising Challenges
This chapter examines the dramatic reduction in the valuation of Elon Musk's social media platform, X, formerly known as Twitter, following its acquisition. Fidelity's estimates reveal a staggering drop of nearly 80% in value, primarily driven by a contracting advertising market and the platform's transition to a non-public entity.
Play episode from 04:36
Transcript
