Elon Musk’s X is in talks to raise funding at a valuation of at least $44 billion, the price he paid for the platform two years ago. The funding would support initiatives such as payments, video products, and debt reduction, according to sources. X is also integrating with Grok3, Musk’s AI chatbot. Musk’s proximity to Donald Trump has reportedly influenced investor interest, and Tesla shares have risen over 40% since Trump’s election. Musk’s AI startup, xAI, is also seeking funding at a potential $75 billion valuation. Morgan Stanley recently offloaded most of X’s $13 billion debt amid strong investor demand.
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