Elon Musk’s X Seeks New Funding at $44 Billion Valuation As Musk's Trump Ties Draw Investor Interest

Elon Musk’s X Seeks New Funding at $44 Billion Valuation As Musk's Trump Ties Draw Investor Interest

Elon Musk’s X is in talks to raise funding at a valuation of at least $44 billion, the price he paid for the platform two years ago. The funding would support initiatives such as payments, video products, and debt reduction, according to sources. X is also integrating with Grok3, Musk’s AI chatbot. Musk’s proximity to Donald Trump has reportedly influenced investor interest, and Tesla shares have risen over 40 since Trump’s election. Musk’s AI startup, xAI, is also seeking funding at a potential $75 billion valuation. Morgan Stanley recently offloaded most of X’s $13 billion debt amid strong investor demand.


User: Benzinga

Views: 153

Uploaded: 2025-02-20

Duration: 00:42

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