{
}
Elon Musk's X has successfully secured nearly $1 billion in new equity funding. This significant investment underscores the platform's ongoing growth and potential in the competitive tech landscape. The funding is expected to bolster X's initiatives and expansion plans.
Elon Musk's X has reportedly regained a $44 billion valuation, matching the price he paid for the platform in 2022. This resurgence follows a secondary financing round where nearly $1 billion was raised, despite the company facing significant challenges post-acquisition, including a mass exodus of advertisers.Musk's strategy includes transforming X into an "everything app" with relaxed content moderation and a new payment platform, alongside the introduction of a premium subscription service and an AI chatbot named "Grok." The company has generated approximately $1.2 billion in adjusted earnings, aligning its revenue with pre-acquisition levels.
Minnesota Gov. Tim Walz mocked Tesla CEO Elon Musk during a town hall, referencing the company's significant stock decline and suggesting Tesla owners remove their logos. Musk retaliated by highlighting Walz's 2024 election loss, while the White House and others criticized Walz's comments amid ongoing vandalism against Tesla vehicles, described as "domestic terrorism" by authorities.
Wells Fargo has cut its price target for Tesla (TSLA) from $135 to $130, suggesting a potential 45% drop from current levels, as the stock has already fallen over 50% from its three-month peak. Weakening fundamentals, including a 45% year-over-year sales decline in Europe and a 14% drop in China, have led analysts to lower their targets, with many now viewing TSLA as overvalued. The stock is currently rated a "Sell," with significant downside risk ahead.
Wells Fargo has cut its price target for Tesla (TSLA) from $135 to $130, suggesting a potential 45% decline from current levels, as the stock has already dropped over 50% from its recent peak. Weakening fundamentals, including a 45% year-over-year sales collapse in Europe and declining registrations in the U.S., raise concerns about the company's future performance. Analysts are increasingly lowering their price targets, indicating a bearish outlook for TSLA amidst ongoing challenges and controversies surrounding Elon Musk.
Elon Musk's X has reportedly regained a valuation of $44 billion, marking a significant rebound in its market position. This resurgence highlights the platform's resilience and potential for growth in the competitive tech landscape.
Musk's xAI has joined the $30 billion AI fund established by Microsoft and BlackRock. This collaboration marks a significant step in the ongoing investment and development of artificial intelligence technologies. The partnership is expected to drive innovation in the AI sector.
Elon Musk’s social network X has raised nearly $1 billion in new equity funding, valuing the company at approximately $32 billion, consistent with its valuation when Musk took it private in 2022. The fundraising aims to address the company's debt, which includes at least $12.5 billion from the Twitter buyout. Notable investors include Darsana Capital Partners and 1789 Capital, while Musk himself participated in the round.
Elon Musk's xAI is partnering with Microsoft and others on a $30 billion data center project, solidifying its position in the competitive AI landscape. Despite challenges in producing accurate chatbot responses, xAI aims to leverage its integration with X to differentiate its Grok chatbot. The venture raises questions about energy sourcing and job impacts, as Musk's ties to the Trump administration bolster funding opportunities amidst a rapidly evolving AI infrastructure race.
Elon Musk condemned the publication of personal information of Tesla owners by the website "Dogequest," labeling it as "extreme domestic terrorism." The site demands owners prove they’ve sold their vehicles to remove their data, amid rising anti-Tesla sentiment and incidents of vandalism and violence against Tesla facilities. Public protests against the company have also increased, with notable criticism from investors regarding the valuation of Tesla shares.
Elon Musk
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Elon Musk's X secures nearly one billion dollars in equity funding
23:01 19.03.2025
Elon Musk's X achieves $44 billion valuation in significant recovery
United States Dollar
SpaceXCoin USD
Arazul Sequoia Capital FIM C Priv
Tesla, Inc.
FIDELITY INVESTMENTS CANADA ULC
USA
Elon Musk
Linda Yaccarino
Show more
22:37 19.03.2025
Musk and White House respond to Walz's jabs amid Tesla stock decline
20:44 19.03.2025
wells fargo predicts significant decline for tesla stock amid weakening fundamentals
Guggenheim High Yield P
Mizuho Medy Co.,Ltd.
Wells Fargo & Company
Tesla, Inc.
S&P 500
USA
Elon Musk
Donald Trump
Show more
20:28 19.03.2025
wells fargo predicts significant decline for tesla stock amid weakening fundamentals
20:28 19.03.2025
Elon Musk's X recovers to 44 billion dollar valuation
20:14 19.03.2025
Musk's xAI partners with Microsoft and BlackRock in major AI fund
20:14 19.03.2025
elon musk's x secures nearly 1 billion in new equity funding
20:07 19.03.2025
musk partners with microsoft for major ai infrastructure project amid competition
United States Dollar
BlackRock, Inc.
Microsoft Corporation
Oracle AI USD
SoftBank Corp.
USA
ARE
Sam Altman
Elon Musk
Larry Fink
Donald Trump
Show more
19:10 19.03.2025
Elon Musk condemns website for publishing personal data of Tesla owners
United States Dollar
Tesla Inc
USA
Elon Musk
Ross Gerber
Donald Trump
Kash Patel
Ben Hamo
Pam Bondi
Marjorie Taylor Greene
Show more
19:06 19.03.2025
Trending
Subcategory
Corporate News
Industry Trends
Stock Market Updates
Finance Mergers & Acquisitions
Retail and Consumer Goods
Global Financial Events
Market Analysis and Predictions
Banking Regulations
Industry Mergers & Acquisitions
CEO Changes
Global Trade Developments
Supply Chain Management
Workplace Trends
Startups & Entrepreneurship
Hedge Funds & Private Equity
Government Economic Policies
Central Bank Actions
Financial Scams and Security
Government Policies
Banking & Investment Regulations
Countries:
Companies:
Barclays PLC
BNP Paribas SA
Tesla, Inc.
Deutsche Bank RV Global PP
Raiffeisen Bank International AG
JPMorgan Chase & Co.
UniCredit S.p.A.
Apple Inc.
Strabag SE
Citigroup Inc.
Kering S.A. (ADRs)
The Goldman Sachs Group, Inc.
Banco BPM S.p.A.
UBS Group AG
Bank of America Corporation
Morgan Stanley
Berner Kantonalbank AG
Berkshire Hathaway Inc.
Microsoft Corporation
Google Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Indian Rupee
Japanese Yen
Vietnamese Đồng
Hong Kong Dollar
Australian Dollar
Russian Ruble
Brazilian Real
Filipino Peso
Malaysian Ringgit
United Arab Emirates Dirham
South African Rand
Indonesian Rupiah
South Korean Won
People: