𝕏 marks the spot: how Musk's platform rebounded to $44 billion valuation 😳📈; Fiserv expands European footprint with strategic CCV acquisition 🇪🇺💸

FinTech is Eating the World, 20 March

Hey Everyone,

Good morning & happy Thursday! Today’s issue is super interesting as we’re going to look into Elon Musk’s 𝕏 which just rebounded to $44 billion valuation (quick recap of the latest developments at 𝕏, why it matters + bonus deep dive into the vision behind the Everything App), and Fiserv that just expanded its European footprint with strategic CCV acquisition (what it’s all about & why it matters + bonus M&A resources to save you billions). So let’s just jump straight into the industry-defining stuff 🌶️

𝕏 marks the spot: how Musk's platform rebounded to $44 billion valuation 😳📈

The news 🗞️ Elon Musk's social media platform 𝕏 (formerly Twitter) has reportedly staged a remarkable financial comeback, with its valuation returning to a whopping $44 billion according to reports from the Financial Times - the same price Musk paid to acquire the company in 2022.

This represents a dramatic turnaround from September 2024, when Fidelity Investments had marked down its stake in 𝕏 by nearly 70%, implying a valuation below $10 billion.

Let’s take a quick look at this, see what it’s all about and what’s next.