Social Media Site X’s Valuation has bounced back to $ 44 billion, according to a new report from the Financial TimesElon Musk Purchased The Platform, Formerly Known as Twitter, for $ 44 Billion Back in 2022.
However, a report from Bloomberg States that X have raised close to $ 1 billion from investors in a deal that values the company at Around $ 32 billion. Musk participated in the equity Raise Himself, The Report Says.
Despite the two’S apparent that x has taken sharp turns in terms of its final was below $ 10 billion,
The Platform’s Revenue Dropped Since Since Musk’s Takeover, but x posted $ 1.2 billion in adjusted earnings (before interest, taxes, depreciation, and amortization) for 2024, which is about the amoun Before Musk Took Over, The Financial Times Reports.