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Elon Musk’s Xut has raised about $ 1 billion in a new capital financing round that values ​​a $ 44 billion company in social media, which led to the estimate in accordance with the price billionaire in 2022.

WillMost of the X shareholders were among those who acquired the actions, according to several people acquaintance with this issue. Darsana Capital, an investor who bought debt related to Musk’s X Buyout, and 1789 Capital, a venture firm, which includes Donald Trump and Jellion and put in other Musk companies.

A fundraiser that estimates X by $ 44 billion, including debt, comes when Musk has established close ties with Donald Trump and assumed the central role in the US president’s attempt to reduce the size of the federal government.

Shares The TESLA electric automaker, which co -established Musk, recently collapsed because some consumers avoided the brand, but parts of his private empire were raised.

Seven banks, which conducted their balances in the amount of $ 12.5 billion in loans related to Muscovites 2022, then known as Twitter, were able to pay most this year this year, helped, increasing the appetite for debt.

After recent transactions, the banks have a little over $ 1 billion.

The latest increase in capital will give the X cash to pay you a junior loan, several people said. It deleted one of the most expensive X loans with which it was developed in the ransom, and one person noted that the junior capital cost the company about 13 percent a year.

Last year, Musk also acquired additional stocks from the company from existing investors. According to public applications from Kingdom Holding Company, Saudi conglomerate and X -investor, Musk purchased $ 150 million in the company.

In recent weeks X also spent another Transaction of the secondary marketWhich also appreciated X in $ 44 billion.

According to one of the investors in X. after taking away the group, Musk relaxed the policy of moderate platform policy, returning to the original purchase price was a symbolic purpose for the musk, and many advertisers left, pushing the income below.

Fidelity Investments’ information disclosure, Backer X, at the end of September meant an estimate for a company that made less than $ 10 billion.

But some groups, including Amazon, have recently increased marketing expenses when Musk’s relationship with Trump deepened.

According to investors, the company’s finances also showed signs of improvement, and X posted $ 1.2 billion for adjusted profits to interest, taxes, depreciation and depreciation in 2024. This is approximately in the period before the period before the absorption of Musk, though a person familiar with this issue, noted that the indicator was subjected to significant adjustment.

The X assessment was also significantly increased by Moscow’s decision to provide a 25 percent share in its starting starting by XAI investors in the social media company earlier. XAI jumped to estimate $ 45 billion as it was founded in 2023.

X refused to comment. 1789 and Darson refused to comment.

Bloomberg for the first time reported that the fundraising circle closed.

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2025-03-19 23:22:00

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