Elon Musk’s social media platform, X (formerly Twitter), has successfully raised close to $1 billion in new equity funding. This investment round saw participation from Musk himself, alongside notable investors such as Darsana Capital Partners and 1789 Capital.
The funding round has led to varying valuations of the company. While some reports indicate that X’s valuation has returned to $44 billion—the price Musk paid during the 2022 acquisition—other sources suggest a current valuation of approximately $32 billion.
This capital influx is expected to address existing financial obligations, including a substantial junior loan from the 2022 buyout. Additionally, the funds aim to support X’s ongoing transformation into an “everything app,” encompassing relaxed content moderation policies and the development of a comprehensive payment platform.
The recent equity raise reflects renewed investor confidence in X’s strategic direction and financial health, marking a significant milestone in the platform’s evolution under Musk’s leadership.
