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

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