US EditionElon Musk’s X obtains $44bn valuation in sharp turnaround
- Elon Musk's X, formerly Twitter, has a renewed valuation of $44 billion, according to sources close to a deal surrounding X.
- In 2024, X posted approximately $1.2 billion in adjusted earnings before interest, taxes, depreciation, and amortization, according to those sources.
- Despite a nearly 5% drop in users in 2024, X has about 335.7 million monthly active users worldwide.
- X has raised close to $1 billion from investors, indicating a financial turnaround for the platform.
69 Articles
69 Articles
9NEWS Denver
Twitter bird sign sells for nearly $35,000 at auction
The iconic 560-pound sign was sold at auction after Elon Musk purchased the social media company and rebranded it to X.
Elon's X/Twitter Roars Back with Massive $44 Billion Valuation
Elon Musk’s social media company formerly called Twitter — now X — has experienced a massive comeback after leftists tried to destroy his company. Ever since Musk bought Twitter, liberals have been assuring us that the social media company is “dead.” Many leftists fled X for the pointless echo chamber of BlueSky as am effort […] The post Elon’s X/Twitter Roars Back with Massive $44 Billion Valuation appeared first on The Lid.
Humiliation For Left-Wing and Anti-Elon Activists as X Platform Valued at $44 Billion — Same Price as Twitter Buyout
Elon Musk, the new sheriff in town. Photo courtesy of the Information Age There is more humiliation for the many political and financial analysts who claimed that Elon Musk’s purchase of Twitter was a catastrophic mistake. Having initially tried to back out of the deal, Musk eventually completed his takeover of Twitter back in October 2022 for $44 billion. He has since renamed it as X. The move was widely derided by leftists and Democrats at the…
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