Elon Musk secures about $1B in fresh X funding
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 19 2025
0mins
Source: SeekingAlpha
Funding and Valuation: Elon Musk's company X has raised nearly $1 billion in funding, valuing the company at approximately $32 billion, with plans to potentially use some of the funds to reduce its debt.
Company Changes and Advertiser Relations: Since Musk's acquisition of X, significant changes have occurred, including executive firings and layoffs, as well as a shift in content moderation policies that initially drove advertisers away but later began to attract them back.
Analyst Views on MFG
Wall Street analysts forecast MFG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MFG is 38.88 USD with a low forecast of 38.88 USD and a high forecast of 38.88 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 8.370
Low
38.88
Averages
38.88
High
38.88
Current: 8.370
Low
38.88
Averages
38.88
High
38.88
About MFG
Mizuho Financial Group Inc is a Japan-based company mainly engaged in the banking, trust banking, securities, and other financial services. The Company operates through five business segments: Retail & Business Corporations Company (RBC), Corporate & Investment Banking Company (CIBC), Global Corporate & Investment Banking Company (GCIBC), Global Markets Company (GMC), and Asset Management Company (AMC). The CIBC segment operates for clients of large corporate corporations, financial corporations and public corporations in Japan. The GCIBC segment operates for clients of overseas-affiliated Japanese companies and non-Japanese companies. The GMC segment is engaged in investment business in interest rates, equity, among others. The AMC segment is engaged in the development and provision of products that meet the asset management needs of clients from individuals to institutional investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
