Elon Musk's X Valuation Plummets, Fidelity and Experts Assess the Fallout
As Twitter faces significant financial losses and an advertiser boycott, experts are divided on whether Elon Musk would consider selling the platform. Despite the challenges, including a sharp decline in the company's valuation and the need to service substantial debt, Musk's commitment to the platform as a "digital town square" and his vision for it as an "everything app" suggest he may not be inclined to sell, viewing it as an admission of defeat. However, some experts believe Musk might opt for a partial sale to raise funds for expansion. Musk himself has acknowledged the existential risks but seems prepared to face them, even blaming advertisers for potentially "killing the company."