X in talks to raise money at a $44B valuation

Elon Musk’s X is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reports. Musk purchased X, formerly known as Twitter, for the same price back in 2022. The news comes as Fidelity Investments marked down its Twitter stake back in December by around 70% from the 2022 sale price […] © 2024 TechCrunch. All rights reserved. For personal use only.

Feb 19, 2025 - 12:00
X in talks to raise money at a $44B valuation

Elon Musk’s X is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reports. Musk purchased X, formerly known as Twitter, for the same price back in 2022. The news comes as Fidelity Investments marked down its Twitter stake back in December by around 70% from the 2022 sale price […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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