Musk's X is reported to be in talks for financing, valuing it at $44 billion

Elon Musk's social media company, X, is in talks with investors to raise money at a valuation of $44 billion, the same price Musk paid for the company in 2022, according to people familiar with the matter. The funding round would be a major turnaround for the social media giant after Musk's acquisitions and reforms caused many users and advertisers to flee. Talks for a new round of X funding are still ongoing and details could change, the people said, speaking on condition of anonymity because of the private information involved. The company may also walk away from financing talks. This is the first known investment round since Musk took the social media company private. (Jin Ten)