X's Valuation Rebounds to $44 Billion, Matching Musk's Purchase Price

The recovery follows a sharp decline in value, with investor confidence bolstered by profitability, cost-cutting, and returning advertisers.

X's valuation has returned to $44 billion, the same amount Elon Musk paid for the platform in 2022, after a recent secondary investor deal.
The platform is raising $2 billion in new equity to address over $1 billion in junior debt, signaling efforts to strengthen its financial position.
Major advertisers, including Disney and Apple, have resumed campaigns on X, contributing to its financial recovery.
Despite a drop in revenue since Musk's takeover, X posted adjusted profits of $1.2 billion last year, reflecting successful cost-cutting measures.
Elon Musk's SpaceX stake has surpassed Tesla as his most valuable asset, as Tesla faces challenges tied to Musk's political affiliations.