According to reports, it looks like X is looking to raise $44 billion in valuation, the same price that Elon Musk paid for the company.

Elon Musk's X social media platform is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter. Musk bought X, formerly Twitter,

Elon Musk is reportedly looking to raise money for the social media service X at the same price he paid, reluctantly, for Twitter in 2022.

Elon Musk may be the biggest beneficiary of Donald Trump's re-election, surpassing even Trump himself. According to a new report from Bloomberg, Musk's social media platform X is currently looking to raise money from investors at a valuation of $44 billion.

Since taking over X, Musk (pictured) changed its name, dismissed most of the staff, rowed back on moderation and allowed banned accounts back .

In what is believed to be its first investment round since going private, Elon Musk-owned X is in talks with investors to raise money based on a valuation of $44 billion, reports Bloomberg News. If that $44 billion figure sounds familiar,