Elon Musk is reportedly looking to raise money for the social media service X at the same price he paid, reluctantly, for Twitter in 2022.

Elon Musk’s social media company, X, is in discussions to raise new funding at a $44 billion valuation—the same price Musk paid when acquiring the platform, formerly known as Twitter, in 2022, as per a Bloomberg report. If successful, the funding round would mark a turnaround for X after Musk’s overhaul led to an exodus of users and advertisers.

Elon Musk's X social media platform is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter. Musk bought X, formerly Twitter,

Elon Musk may be the biggest beneficiary of Donald Trump's re-election, surpassing even Trump himself. According to a new report from Bloomberg, Musk's social media platform X is currently looking to raise money from investors at a valuation of $44 billion.

Since taking over X, Musk (pictured) changed its name, dismissed most of the staff, rowed back on moderation and allowed banned accounts back .