Musk's X in talks to raise money at a $44 billion valuation, Bloomberg News reports
Elon Musk's social media company X is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter. Musk bought X, formerly known as Twitter, for the same price in 2022. Talks for the new financing round are still ongoing and the details could change, the report said, adding that the company could also abandon the talks. X did not immediately respond to Reuters' request for comment. Last month, Reuters reported
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