The X is again to reach a total value of $ 44 billion, for which Elon Musk bought by Twitter, but depends on the trading figures that do not meet most big companies. This has been reported by the financial news agency Bloomberg There is mention of those who are familiar with numbers. Therefore, they have an insight into data that short message service has recently been shared with potential investors. For example, the income of “connected parties” which is not part of the main business will be included. So no figure will be accepted by the US Stock Exchange Supervision, but X is no longer traded in the stock exchange.
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He wants to collect fresh money, Bloomberg told on WednesdayDuring this, the short message service gave commercial figures to potential investors, in which Bloomberg has now gained an insight. According to this, X generated a net sales of $ 2.6 billion last year, which was about half of the previous year before the Twitter takeover. At the same time, X $ 1.4 billion reports on an adjusted advantage, while Twitter collapsed the loss before taking over. The adjusted advantage was determined before interest, taxes and depreciation.
According to Bloomberg, X also said that it has a $ 400 million fundamental fund, which is less than $ 1.4 billion before taking. Among other things, investment in hardware for AI company XAI will be given as justification for this. In turn, the short message service received a total of $ 200 million in income from XAI. Even among “unusual financial figures”, as Bloomberg called it, the debt burden of the social network is usually classified as “risky”. A potential investor also suggests because the number can draw a very optimistic picture of the business.
Last week, it has been known that banks that co -surrendered to the acquisition of Twitter’s Elon Musk have sold a large part of their debt in the last few weeks and only had to accept the minimum discount. This was before a clear turn, as in the meantime the loan was worth 60 percent. Even two months ago, they could be sold only with a loss of 10 to 20 percent. There may also be a close relationship between background Elon Musk and US President Donald Trump. In addition, X aggressive advertising is against customers who have returned the X.
(MHO)
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