X Social Media Rival Bluesky Valued At $700 Million After Explosive Growth Post Trump Victory: Report

Bluesky, a social media platform rivaling Elon Musk's X, is reportedly approaching a valuation of $700 million. Bluesky is nearing a $700 million valuation in a new funding round led by Bain Capital Ventures, reported Business Insider, citing three sources familiar with the deal.