Is the suggestion that Elon Musk has no or little influence over Fidelity's drastically bad valuation change? And also that Axios is engaging in propaganda? I

Is the suggestion that Elon Musk has no or little influence over Fidelity's drastically bad valuation change? And also that Axios is engaging in propaganda? I infer that from the comment. I am not an expert on propaganda. I do read critically too however. I wonder if I'm missing some connecting detail?