Elon Musk may be on the brink of achieving the impossible: Salvaging his $44 billion investment in X

Media/Social media

New York CNN  —  In October 2022, Elon Musk paid $44 billion to buy Twitter — almost certainly an overpayment — and he promptly made significant changes that plunged the company into chaos and sent its ad business and valuation into a tailspin. Two and a half years later, Musk appears close to pulling off a minor miracle: The company, now called X, may once again be worth about what he paid for it. Bloomberg on Wednesday reported that X is in talks to raise money that would value the company at

Tag-uri: Twitter