Bloomberg Intelligence
Musk’s X in Talks to Raise Money at a $44 Billion Valuation
Feb 19, 2025
Elon Musk's X is in talks to raise funds, aiming for a stunning $44 billion valuation amidst shifting investor interests. Apple has unveiled its budget-friendly iPhone 16SE, targeting emerging markets while advancing its AI capabilities. There's a significant shake-up in the U.S. government workforce, with job security waning and a rise in layoffs prompting calls for upskilling. Market forecasts hint at a bright future for the S&P 500, offering promising insights for investors.
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Quick takeaways
- Elon Musk's X is in discussions to secure funding at a $44 billion valuation, reflecting its potential value driven by emerging AI projects.
- Apple's upcoming iPhone 16E aims to capture emerging markets with lower pricing while providing enhanced specifications amid rising inflation pressures.
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