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. If that number sounds familiar, it's because that's precisely what Musk paid for the company formerly known as Twitter when he acquired it in October 2022.

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Elon Musk’s X is reportedly discussing a new round of financing that would value the social media company at $44 billion, the price that its owner paid for the company formerly known as Twitter in 2022.