X of Elon Musk’s x recaptured the estimation of $ 44 billion in the Great Return: Reports

Elon Musk’s X has been reported to regain a $ 44 billion rating – the same price the richest man in the world paid to buy the social media site in 2022.

The company previously known as Twitter was estimated at $ 44 billion in a final round of secondary funding in which investors exchanged existing shares in X, announced Tuesday Financial Times, citing resources with knowledge of the issue.

A special report from Bloomberg said X raised nearly $ 1 billion in new capital from investors – with Musk himself participating in the funding round.


Elon Musk runs X, Tesla and Spacex. Xavier Collin / Image Press Agency / SplashNews.com

The deal is reported to estimate the X with about $ 32 billion, along with approximately $ 12.5 billion in debt.

Representatives X did not immediately return the post for commentary request.

The rating points to a major twist for Musk and his CEO captured Linda Yaccarino, who have decided to recover X as a “application everything” with standard content modification standards and plans for a payment platform in the country.

X was collapsed in value after Musk took the private company and began cleaning the house with massive vacations.

Billionaire tactics fueled a massive exodus of major corporate advertisers and initially caused revenue to fall.

Recently in December, Fidelity Investments had marked its shares in X with 72% since the purchase.


X
X has previously been known as Twitter. Zumapress.com

Other leading investors include the heavy weights of Silicon Valley such as Andreessen Horowitz and Sequoia Capital.

The Tesla and Spacex Boss-Who is Working Close with President Trump and Uniffeently Leads the Department of Government Efficiary-Has Described the Social Media AS “ACcellent” for His BUILD AN ALL-PERSPOSE, THOUGHT Excessive payment “to buy it.

Musk repair has involved the creation of a “Premium” subscription service with access to “Blue Checkmark” verification for paid users, as well as an integrated chatbot of it called “Grok” that took place from its beginning XAI.

X generated about $ 1.2 billion in revenue regulated prior to interest, taxes, depreciation and depreciation, told ft sources. This would come the company’s income at the same time as Twitter brought before the purchase, said Dalja.

The company has a 25% shares in XAI, which itself was estimated at $ 45 billion in its latest funding round.

#Elon #Musks #recaptured #estimation #billion #Great #Return #Reports
Image Source : nypost.com

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top