Value of X Remained Unchanged During Elon Musk’s Era

It has been reported that Musk’s social media platform X is seeking investors with a valuation of 44 billion dollars. The fact that the company’s value did not change during Musk’s tenure is notable. Elon Musk’s owned social media platform X is reported to be in search of investors. According to Bloomberg’s sources close to the matter, X is conducting discussions with investors based on a 44 billion dollar valuation. The significance of this figure being the same as the amount Musk paid to acquire Twitter back in 2022 drew attention. In other words, there has been no change in the value of X over the intervening period. Additionally, this marks the first investment round since Musk acquired the company. There is also the possibility that X may abandon the financing discussions. Musk, who is among the closest associates of former President Donald Trump, has seen a significant increase in the value of his companies in recent times. While Tesla shares have increased by 40%, SpaceX has reached a valuation of 350 billion dollars. A financing round of 75 billion dollars has been initiated for Musk’s artificial intelligence company xAI. It is noted that X has approximately a 6 billion dollar stake in xAI.