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Just saw that Trump was back on X this week with Musk for a live chat and apparently over a million people tuned in. Got me wondering - can regular people actually invest in X? Turns out, nope. It's privately held now, so you can't just buy X shares like you would with other tech companies.
So here's what happened. Back in October 2022, Musk bought Twitter for $44 billion, paying $54.20 per share. That was way higher than what the stock was trading at before, but that's how tender offers work - you gotta sweeten the deal to get shareholders to sell. Once he consolidated enough ownership, the whole company went private. Now the X share price only matters to the people who already own it - basically Musk, some investment firms like BlackRock and Vanguard, and a handful of other big players.
The thing is, you can't just trade X shares anymore. It's not on any public exchange. SEC doesn't regulate it the same way. If you're not an accredited investor or institution, you're basically locked out. Even if you somehow found someone willing to sell you X shares privately, it would be illegal for you to buy them as a regular person.
What's interesting is that X is actually making money now through ads and paid subscriptions, plus they've got Grok (that AI tool) for premium users. But none of that helps retail investors get in on it. Your best bet? Just invest in other social media companies that are actually public, or find a financial advisor who specializes in private investments if you've got serious capital and accredited investor status. Either way, the X share price these days is basically meaningless to us regular people watching from the outside.