Elon Musk's X, the rebranded Twitter, is reportedly in negotiations to secure financing from investors at a $44 billion valuation, the same price Musk paid in 2022. The company faces ongoing challenges with advertiser retention, evidenced by Fidelity's drastic stake markdown in December. This upcoming investment round would be the first since Musk's acquisition. Meanwhile, Musk's other ventures, including Tesla and SpaceX, are experiencing growth in their valuations despite the hurdles faced by X.
Musk's X, formerly Twitter, is seeking investors at a $44 billion valuation, the same price he paid in 2022, while struggling with advertiser retention.
Despite the challenging advertising landscape, Musk's other companies have seen significant growth, indicating a complex but potentially fruitful investment climate.
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