Elon Musk’s X Aims to Gather the Equivalent Sum He Invested in It


**Elon Musk Might Be the Greatest Beneficiary of Trump’s Re-Election**

Elon Musk could potentially reap greater rewards from Donald Trump’s re-election than anyone else—including Trump himself.

A recent article from *Bloomberg* indicates that Musk’s social media platform, X, is pursuing new funding at a valuation of $44 billion. This number is significant as it corresponds to the price Musk initially paid for the platform, then known as Twitter, during its acquisition in October 2022.

Since Musk’s takeover and rebranding of Twitter to X, the platform’s revenue has plummeted by almost 50%, leading to billions in losses. Numerous investors, including Fidelity, have witnessed their investments decrease in value. Last September, Fidelity estimated that its investment had diminished by 79% since Musk first acquired the company.

Nonetheless, the political climate has turned in Musk’s favor. In the 2024 U.S. presidential election, Musk openly endorsed Trump, even forming a political action committee (PAC) to back his campaign with hundreds of millions of dollars. After Trump’s win, Musk was appointed to oversee the newly established Department of Government Efficiency (DOGE), granting him considerable influence over federal expenditures.

Musk’s enterprises, such as Tesla and SpaceX, have historically profited from government contracts. Yet, his close relationship with the Trump administration is now yielding extra benefits beyond direct financial support.

Since Musk assumed control of X, the platform has faced challenges with advertisers leaving due to worries about content moderation and Musk’s own contentious statements. However, after the election, a number of advertisers have started to come back. While their spending amounts remain uncertain, major corporations like Apple have reinstated their advertising on X for the first time in several years.

Moreover, investors who formerly faced difficulties in unloading their positions in X have recently achieved success. As per *Bloomberg*, some managed to divest billions of dollars in debt at full value, allowing them to potentially recoup most, if not all, of their original investments.

Now, with aspirations to incorporate financial transactions into X and blend in Musk’s AI venture, xAI, along with its Grok chatbot, the company is in search of new investment—again valuing it at $44 billion. Thanks to Trump’s re-election, Musk now finds himself in a more advantageous position to obtain the necessary capital.