Overview

• Elon Musk is reportedly in talks to raise funds valuing X, formerly Twitter, at $44 billion, the same price he paid for it in 2022, though the outcome remains uncertain.
• The return of major advertisers like Amazon and Apple, after initial boycotts due to hate speech concerns, signals improved confidence in the platform.
• X's financial recovery is partially tied to Musk's proximity to the Trump administration, where his government role has bolstered investor sentiment and his business interests.
• Debt investors recently purchased billions in X loans at 97 cents on the dollar, reflecting cautious optimism about the company's future despite high interest rates.
• Musk's vision for X as an 'everything app' progresses with a new Visa partnership enabling digital payments, though the platform still faces competition and lingering trust issues.