Musk's Twitter Investors Face Massive Losses

• When Elon Musk bought Twitter and renamed it X, he didn't do it alone, relying on bank loans and a long list of investors.
• Saudi Prince Alwaleed bin Talal, who invested nearly $2 billion, still supports Musk, but others are less pleased.
• X's valuation has plummeted, with Fidelity valuing its stake 72% lower than the purchase price.
• The eight largest initial investments are worth about $5 billion less, with Musk and his partners losing $24 billion in value.
• Major investors like Jack Dorsey and Larry Ellison have seen their stakes drop significantly, with Dorsey publicly expressing regret.

Source: Washington Post