Elon Musk's X Seeks Funding at $44 Billion Valuation Amidst Investor Talks

Elon Musk's X (formerly Twitter) is reportedly in discussions to secure funding from investors, valuing the social media platform at $44 billion. This marks the first investment round since Musk acquired the company in 2022. The talks occur amidst fluctuating investor confidence and a rebound in the valuations of Musk's other ventures, including Tesla and SpaceX, following Donald Trump's U.S. presidential victory. Improved financial outlook, fueled by Musk's ties with Trump and the return of some advertisers, has also aided banks in offloading debt related to Musk's acquisition.