CosmicTaco

Elon Musk's X Eyes $44B Valuation in New Funding Round

CosmicTaco · 2025-02-20T11:00:48.337219+05:30

- Elon Musk's X is negotiating to raise funds at a $44 billion valuation, according to Bloomberg News. - Fidelity Investments reduced its stake in X by 70% last December due to challenges in retaining advertisers. - This would be X's first funding round since Musk took it private, amidst soaring valuations for his other ventures. Source: [TechCrunch](https://techcrunch.com/2025/02/19/x-in-talks-to-raise-money-at-a-44b-valuation/)

Elon Musk's X is negotiating to raise funds at a $44 billion valuation, according to Bloomberg News.
Fidelity Investments reduced its stake in X by 70% last December due to challenges in retaining advertisers.
This would be X's first funding round since Musk took it private, amidst soaring valuations for his other ventures.

Source: TechCrunch