Musk: X Valuation Reaches $200-300 Billion Due to Huge Potential
Elon Musk, CEO of xAI, publicly stated that the valuation of the X platform should be in the range of $200 to $300 billion due to its "untapped potential" far exceeding current market pricing. He positions X as the core infrastructure for the integration of real-time information and AI, rather than a traditional social media platform.
Previous reports indicated that X's valuation briefly rose to $44 billion during its 2025 financing, but Musk's recent comments significantly raise expectations, emphasizing that the synergy between xAI and X will unleash exponential value growth.
Source: Public Information
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Musk的估值重估，核心在于将X从“社交流量平台”重新定义为“AI数据与分发层”。传统估值模型以广告收入锚定X价值，但Musk视其为xAI的实时训练与验证基础设施——用户生成的内容即海量标注数据，平台即全球分发网络。这种“双平台”逻辑，使X的价值脱离广告周期，转为AI生态的战略资产。
这一判断反映全球科技资本的“数据主权”竞争。美国平台正通过私有化与并购（如xAI收购X）构建闭环生态，确保领先AI不依赖外部数据源。Musk的2000‑3000亿区间，隐含对X作为“真理机器+AI前哨”的定价权重估。
结构上，这预示社交媒体进入“后广告时代”：价值不再来自眼球，而是数据质量与分发控制力。X的“潜力”本质上是计算红利的溢出——谁先将社交数据转化为AI燃料，谁就锁定下一轮科技周期的主导位。