Elon Musk may be on the brink of achieving the impossible: Salvaging his $44 billon investment in X | CNN Business

New York CNN  — 

In October 2022, Elon Musk paid $44 billion to buy Twitter — almost certainly an overpayment — and he promptly made significant changes that plunged the company into chaos and sent its ad business and valuation into a tailspin. Two and a half years later, Musk appears close to pulling off a minor miracle: The company, now called X, may once again be worth about what he paid for it.

Bloomberg on Wednesday reported that X is in talks to raise money that would value the company at $44 billion. The anonymous sources

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