Elon Musk's X (Formerly Twitter) Returns to $44B Valuation
Elon Musk’s social media platform X (formerly Twitter) is back to a valuation of $44 billion, according to sources close to a deal around X. Investors valued the platform at $44B in a so-called secondary deal earlier this month, in which they exchanged existing stakes in the company. The company’s valuation has been on a decline since Musk acquired the platform 3 years ago for $44 billion. JUST IN: X (Twitter) is back to a $44 billion valuation. pic.twitter.com/dk4QSNR9Fd — Watcher.Guru (@WatcherGuru) March 19, 2025 In Musk’s time as the head of X, has loosened the platform’s moderation policies, something that prompted many advertisers to leave. The decline in advertisers caused X’s value to deteriorate, recently to as low as $10 billion. X’s revenues have also dropped since Musk’s takeover. However, the platform posted about $1.2bn in adjusted earnings before interest, taxes, depreciation, and amortization in 2024, according to those sources. X is Back Making M...