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Vikas Acharya
Building WelBe| Entr... • 3m
X finally valued at $44 billion, the exact sum Elon Musk paid for the social media site in 2022 Months after the valuation of X (formerly Twitter) was estimated to have fallen by 80 percent, investors are now pegging the social media platform’s value at $44 billion, the same amount Elon Musk purchased the site for in 2022. According to The Financial Times, investors are now exchanging stakes in the company at increased value in a secondary deal as the world’s richest man looks to raise additional capital to pay off some of the debt he financed to buy X. The Times reported that in a primary round, Musk aims to bring in $2 billion through selling equity in the company, which will be used to offset a billion dollars in junior debt.
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Shivam Gupta
Business Finance And... • 3m
Xai buy his own Company X(twitter) in 33 billion. In 2022 World Richest man Elon Musk buy twitter in 44 billion. After buying x (twitter) Elon Musk Change name of company and also fired lot of employees.after 2 years x ( twitter) valuation down and n
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