X Valuation Recovers Post-Musk Purchase
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key investor takeawaysCNBC
•Technology
Technology
Valuation of Elon Musk's X social platform jumps to $44 billion: Report
71% Informative
The valuation of social media site X recovering after a steep drop after Elon Musk bought that site.
X is also looking to pay off debt by raising about $2 billion via an equity sale.
As recently as last fall , disclosures from Fidelity implied X was worth less than $10 billion .
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