Insiders: Musk's X is in talks for financing at a valuation of $44 billion

星球日报
星球日报|Feb 19, 2025 05:19
Odaily Planet Daily News: According to informed sources, Elon Musk's social media company X is in talks with investors to raise funds at a valuation of $44 billion, which is the same price as Musk's acquisition of the company in 2022. After Musk's acquisitions and reforms caused many users and advertisers to flee, this round of financing will be a major turning point for this social media giant. The above-mentioned individuals stated that negotiations for a new round of X-round financing are still ongoing, and details may change. The company may also abandon financing negotiations. This is the first known investment since Musk took this social media company private. (Golden Ten)
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