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Elon Musk’s X reportedly bounces back to $44B valuation
Social media site X’s valuation has bounced back to $44 billion, according to a new report from the Financial Times.
Social media site X’s valuation has bounced back to $44 billion, according to a new report from the Financial Times. The platform’s revenue dropped since Musk’s takeover, but X posted $1.2 billion in adjusted earnings (before interest, taxes, depreciation, and amortization) for 2024, which is about the same as the amount before Musk took over, the Financial Times reports. TechCrunch Space Every Monday, gets you up to speed on the latest advances in aerospace.
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