X Bounces Back to $44 Billion in Value, the Same Price Musk Paid for It

X, after seeing its valuation plunge in recent years, is now worth $44 billion - the same price owner Elon Musk paid for the platform, then known as Twitter, in 2022. The $44 billion valuation was reported by Financial Times on Tuesday and is based on a recent deal where investors sold their shares in the app to other investors. The news came on the same day Bloomberg reported Musk had spent another $150 million buying shares of X last year at a valuation near its 2022 price tag. X's rebound comes just a few months after Fidelity had valued the company at $12.32 billion, or 72% less than . . .