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

todayFebruary 20, 2025 2

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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.

​ 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. Read More Breaking News, Latest News and Videos | CNN 

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