Elon Musk’s X has raised about $1bn in a new equity funding round that values the social media company at $44bn, bringing its valuation back in line with the price the billionaire paid in 2022. Musk,

Elon Musk is the most followed person on X, formerly known as Twitter, as well as being the site's owner, and he is also one of the site's most prolific users, often posting dozens of times a day, or sharing other people's posts.