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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,
Elon Musk’s X is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reports. The news comes as Fidelity Investments marked down its Twitter stake back in December by around 70% from the 2022 sale price as the social network struggled to retain advertisers. The valuations of Musk’s other companies have soared as he has taken a significant role in President Trump’s administration.
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