X (Series B)
Funding Details
- Awarder
- Inbox
- Date Award
- May 26, 2024
- Vertical
- Social Media
- Funding URL
- View Funding Page
- Funding Amount:
- $6,000,000
Company Info
- Traction
- Fidelity marked up its stake in X by 32.37% in October, indicating positive valuation adjustments despite a significant decrease from Musk's purchase price.
- Founders
- Elon Musk
- Company Description
- X, formerly known as Twitter, is a social media platform that allows users to post and interact with messages known as 'tweets'. The company has undergone significant changes under Elon Musk's ownership, including investments in AI through xAI.
- Market
- Social Networking
- Location
- United States
- Coinvestors
- Valor, a16z, Sequoia