About X
X is a company based in Bastrop (United States) founded in 1999 by Elon Musk and Jacqueline Fernandez was acquired by xAI in March 2025.. X has raised $1.14 billion across 18 funding rounds from investors including Morgan Stanley, Endeavor and Kleiner Perkins. X offers products and services including Social Media Platform and Advertising Services.
- Headquarter Bastrop, United States
- Founders Elon Musk, Jacqueline Fernandez
- Stage Public
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name X Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.14 B (USD)
in 18 rounds
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Latest Funding Round
$1 B (USD), Post-IPO
Mar 20, 2025
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Investors
Morgan Stanley
& 25 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of X
X offers a comprehensive portfolio of products and services, including Social Media Platform and Advertising Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Social networking and microblogging services are offered through x.com
Targeted advertising services are provided via the platform
Unlock access to complete
Funding Insights of X
X has successfully raised a total of $1.14B across 18 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1 billion completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 18
- Last Round Post-IPO — $1.0B
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First Round
First Round
(01 Jul 2007)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Post-IPO - X | Valuation |
investors |
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| Mar, 2023 | Amount | Post-IPO - X | Valuation |
investors |
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| Apr, 2022 | Amount | Post-IPO - X | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in X
X has secured backing from 26 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Morgan Stanley, Endeavor and Kleiner Perkins. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Technology investing and private equity firm focused on partnerships.
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Founded Year | Domain | Location | |
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Investments are directed toward innovative technology startups by DFJ Growth.
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Founded Year | Domain | Location | |
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Sector-agnostic venture capital investments are made in technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by X
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - X
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
X Comparisons
Competitors of X
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about X
When was X founded?
X was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Where is X located?
X is headquartered in Bastrop, United States. It is registered at Bastrop, Texas, United States.
Who is the current CEO of X?
Linda Yaccarino is the current CEO of X.
Is X a funded company?
X is a funded company, having raised a total of $1.14B across 18 funding rounds to date. The company's 1st funding round was a Post-IPO of $3B, raised on Jul 01, 2007.
What does X do?
The platform was founded in 1999 and is headquartered in Bastrop, United States, operating in the digital media sector. Real-time news, entertainment, and commentary are delivered across topics such as breaking news, sports, and politics. User engagement is facilitated through live interactions and hosted discussions with notable figures. A broad audience is served via the online domain x.com, with content sourced and organized for accessibility.
What products or services does X offer?
X offers Social Media Platform and Advertising Services.
Who are X's investors?
X has 26 investors. Key investors include Morgan Stanley, Endeavor, Kleiner Perkins, X.ai, and T. Rowe Price.