SpaceX filing: X's ad revenue was $1.8B in 2025, $1.7B in 2024, and $2.3B in 2023, below Twitter's $4B in 2021; X and Grok now have 6.3M active paid subscribers
SpaceX filing: X's ad revenue was $1.8B in 2025, $1.7B in 2024, and $2.3B in 2023, below Twitter's $4B in 2021; X and Grok now have 6.3M active paid subscribers
SpaceX's IPO filing reveals ad revenue for X is still below what it was when Musk acquired Twitter, but it is growing again.
Parallel Web Systems, founded by former Twitter CEO Parag Agrawal and that offers web search tools for AI agents, raised a $100M Series B at a $2B valuation
Parallel Web Systems raised $100 million in Series B funding to continue building web search for AI agents
A look at Elon Musk's efforts to launch the banking and payments service X Money, delayed by US regulatory concerns, as some industry watchers remain skeptical
More than three years after acquiring Twitter, Elon Musk says he's nearing his long-stated goal of turning it into an …
Filing: West Co, founded by Biz Stone and Evan Sharp, raised $29M; it launched the invite-only social app Tangle, “designed for intentional living”, in November
Biz Stone and Evan Sharp raise new funds for ‘Tangle’ as they assess the ‘devastation’ caused by online excess Bluesky: @tonytassell Bluesky: Tony Tassell / @tonytassell : This is fascinating.,Two Sil...
Sources: SpaceX has told investors and financial institution representatives that it is aiming for an IPO in the second half of 2026
with a sixth of the revenue Fortune : Musk's SpaceX discusses record valuation, IPO as soon as 2026 Taylor Herzlich / New York Post : Musk's SpaceX aims for 2026 IPO with jaw-dropping $800B valuation:...
Sources: X covered some losses usually borne by banks when seven lenders, including Morgan Stanley, sold $1.2B of its debt at 98 cents on the dollar in April
Financial Times : X: @tanarrowz and @markbohlund X: @tanarrowz : “He'll never let Twitter [X] fail,” a banker involved in the deal said. “I don't think people even did their credit work. They just tr...
Sources: seven Wall Street banks sold the final $1.2B of X debt at 98 cents on the dollar, after lending ~$13B for Elon Musk's Twitter takeover in April 2022
Alexander Saeedy / Wall Street Journal :
Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021
Carmen Arroyo / Bloomberg : See also Mediagazer
Sources: X is in talks to raise funds at a $44B valuation, matching the price Elon Musk paid for Twitter in 2022, as his proximity to Trump alters X's prospects
- Valuation is the same as Musk's 2022 Twitter acquisition — Billionaire has recently tapped private markets for big sums