Elon Musk sells X to his own company
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MarketWatch |
Elon Musk said on Friday that xAI, his artificial-intelligence venture, had acquired his social-media platform X in an all-stock deal, in a move he said would combine their technological resources.
Variety |
Musk claimed that the combination “will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.
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Elon Musk's artificial intelligence firm xAI acquired X in an all-stock deal valuing the social media company at $45 billion, minus $12 billion in debt.
Elon Musk—who bought Twitter in 2022 and changed the social media platform’s name to X the following year—revealed that his artificial intelligence startup xAI has acquired the brand in a ...
Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including $12 billion in debt. “xAI and X’s ...
Elon Musk’s artificial intelligence group xAI has purchased social media platform X for $45bn, as the billionaire entrepreneur brings together two of his flagship businesses. “xAI and X’s futures are intertwined,