Fidelity raised the value of its X position by 4.4% to $5.51M in April; since Elon Musk’s October 2022 Twitter takeover, the position has been marked down ~72% (Dana Wollman/Bloomberg)

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3. Fidelity raised the value of its X position by 4.4% to $5.51M in April; since Elon Musk’s October 2022 Twitter takeover, the position has been marked down ~72% (Dana Wollman/Bloomberg)