According to PANews, a report released on Saturday revealed that the value of Company X's shares held by Fidelity's Blue Chip Growth Fund decreased by 5.7% in February compared to a month earlier. As of February 29th, the fund's holdings in Company X were valued at $5.28 million, down from $5.6 million a month prior. Since the acquisition of Company X by Musk in 2022, the value of the shares held by Fidelity has shrunk by 73%. This could potentially indicate a similar reduction in the valuation of Company X. It is worth noting that Musk acquired Twitter for $44 billion in October 2022, with Fidelity being part of the investment group that helped Musk with the acquisition.