X’s financial outlook appears to be steadily improving as recent high-yield fund managers‘ interest in the company’s debt soared. Adding to the momentum, Elon Musk announced earlier this month that the advertiser boycott has unraveled—a major development that could significantly boost the company’s revenue in the coming quarters.
Revenue should improve rapidly this year, as the advertising boycott winds down
Now, Bloomberg reports that X is preparing to raise money from investors at a $44 billion valuation—the same as when Musk acquired the company in 2022. This would mark X’s first investment round since Musk took it private that year. Neither X nor Musk has confirmed the report’s legitimacy.
The investment round would mark a significant turnaround for X, which has been battered by collapsing ad revenue after NGOs and corporate media waged war on the ‘free speech’ platform. X’s recovery represents the emergence of new media that will dominate the conversation through President Trump’s second term, hence why investor demand is returning.
Bloomberg noted that late last year, Fidelity Investments marked down its X stake by more than 70% from the 2022 sale price.
However, in a recent interview with Tucker Carlson, Prince Alwaleed bin Talal, a major X investor, stated: “We never devalued it [X]. Some entities did devalue it by 30, 40, even 50%. But now, after the election, with President Trump and the strong alliance between Musk and Trump, we’ve seen the market revalue X dramatically—at least to its par value of $44 billion.” […]
— Read More: www.zerohedge.com
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
