Elon Musk’s X in talks to raise $44 billion from investors: Report

Elon Musk‘s social media company X is in talks to raise $44 billion from investors in valuation, a Bloomberg report said on Wednesday citing sources who were familiar with the matter. Musk had acquired Twitter at the same valuation in 2022.

The report suggested that the details could change as talks for a fresh financing round are on. There are chances that the company may altogether put a stop to these talks.