X's Valuation Bounces Back

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8 hours ago

Summary

X's valuation has bounced back to $44 billion according to a new report from the Financial Times. This follows a report from Bloomberg stating that X raised close to $1 billion in fresh equity funding, valuing the company at around $32 billion. Despite differing valuations, it's clear that X has taken a sharp turnaround in terms of its finances.

Key Points

X's valuation has rebounded to $44 billion after a report from the Financial Times.
The company raised close to $1 billion in fresh equity funding, according to Bloomberg.
Despite differing valuations, it's clear that X has taken a sharp turnaround in terms of its finances.

Why It Matters

X's valuation rebound is significant as it shows the company's financial health has improved after Elon Musk's takeover.

Author

Aisha Malik

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