X Completes $1.5 Billion Funding Round
Company secures largest investment to date to accelerate innovation across its platform
X is excited to announce the successful completion of our $1.5 billion Series D funding round, led by a consortium of institutional investors including Sequoia Capital, Andreessen Horowitz, and Temasek. This record-breaking investment will fuel our next phase of growth and innovation as we continue to redefine open conversation on the web.
Key Investment Highlights
The funding will be specifically allocated to:
- Development of AI moderation tools to enhance content quality
- Launch of new decentralized social graph features
- Expansion of global content moderation centers
- Infrastructure upgrades to support 1 billion monthly active users
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those expressed or implied by these statements. For more information, please contact our press team at press@xcorporation.com