Elon Musk’s X obtains $44bn valuation in sharp turnaround

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The assessment of the X’s X-website X has increased $ 44 billion, emphasizing the sharp turn of the company’s fortune, as his owner, Elo Mushk, took over President Donald Trump.

At the beginning of this month, investors praised the platform for $ 44 billion, at the beginning of this month, in which they transport the company’s existing stakes, according to the two people, with the knowledge of the issue.

X He also tried to raise fresh capital in the primary round, which aimed to raise about $ 2 billion through new equity sales, which Musk has agreed to finance the situation.

After taking the group Musk Relaxed platform moderation policy, something that prompted many advertisers to leave. In late September, the disclosures from the investment investments assumed appreciation for the company that was less than $ 10 billion. Musk bought Twitter for $ 44 billion.

The new estimate of $ 44 billion presents to the introduction of the Mushki and Group investors, including Andresis Horov, and the Capital, 8VC, GoAnna Capital and Loyalty. The transaction will help the price of the next priority phase.

X income decreased from musk assumes, but $ 1.2 billion, taxes, depreciation and depreciation for the estimated earned earnings, according to the 2024, are approximately residential.

Two more people with X’s finance knowledge said that there were signatures for the company Musk’s expenditure plan works, and that income improves. However, the next person noted that Ybitda figure was “wildly adjusted.”

X refused to comment.

Seven groups of Wall Street, including Morgan Stanley, Barclays and MUFG, have sold almost all $ 12.5 billion in loans, which previously financed his Twitter assumes.

Investors’ interest in loans has been improved in November after the victory of the Trump’s election, the billionaire was given to the new administration as the President and the so-called government’s efficiency efficiency (DOGE).

It also improved after a musk gave 25 percent Artificiality Beginner Xai in Social Media Investors at the beginning of last year. Xai has acquired $ 45 billion, and a new agreement has provided new security to X lenders and promote platform evaluation.

About one banker at the fundraiser says that the upcoming priority will help X “clear the last debt”.

The banks agreed to provide time, instead of repaying the rest of the junior debt, instead of changing it, at the time and in February, more than $ 11 billion in loans for more than $ 11 billion.

Further promotion for XAZON, such groups have expanded marketing costs, as muskular relationships deeply deepened. X Recently added a number of brands, including Nestlé, Lego, Pinterest and Shell, so companies claimed that companies were previously illegally boycott the platform.

Beyond the advertisement, X expands its efforts to diversify new income flows and become what Musk called “everything” program. The General Executive Linda Yekarino announced in January that the company would start with x money, digital wallet and peer payment service this year as a visa as its first partner.

It also works closely with XAI in the platform to integrate its AI technology by launching its Latest version of its AI ChatBot Grok for Monday for Premium subscribers. X plans to use AI technology developed by XAI to promote its advertising and promote products according to the person familiar.