The entire story of Twitter / X under Elon Musk
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X bounces back to $44 billion.
Investors have reportedly valued the social media giant at the same amount Elon Musk purchased it for in 2022, a sharp jump after it was deemed worth less than $10 billion in September 2024.
Musk’s plum position in the White House might have something to do with X’s perceived change of fortunes, though that hasn’t helped Tesla, which is in the midst of a 50 percent stock slump since December. Bloomberg added to the report later, saying X raised “almost $1 billion in new equity funding” with participation from Musk.
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