X Notches $44 Billion Valuation
Elon Musk’s X has been valued at $44 billion by a deal where investors sold existing stakes in the business to other investors, The Financial Times reported. The valuation is in line with the price of X, then called Twitter, in Musk’s debt-backed takeover of the company in 2022. S
Related Knowledge Center: Social media
Social media platforms are the source of news for millions of people — and they have a fraught and ever-shifting relationship with the enterprises that provide that news.
The TikTok ban | The Meta-FTC trial