Elon Musk announced that xAI has acquired X, formerly known as Twitter, according to a post on the social media platform. The acquisition was an all-stock transaction for $45 billion, including $ ...

As we noted in January, xAI staffers were also X employees, with company laptops and access to its code base. Musk had also previously claimed X investors would own 25 percent of XAI, but as of ...

If you’re Elon Musk, you sell X to xAI. He did OK on the sale. In a Friday evening tweet on X, Elon Musk wrote that xAI had acquired X for $33 billion, or “$45 B less $12B debt.

The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction. By Alex Weprin Media & Business Writer X, the social platform formerly known as ...

Elon Musk made a shock announcement Friday that his artificial intelligence venture xAI has acquired his X social media platform in an all-stock transaction for $45 billion – a billion more than ...

Transaction is an all-stock deal Deal's $45 billion price tag includes $12 billion in debt xAI valued at $80 billion, integration could make training Grok easier March 28 (Reuters) - Elon Musk's ...

Billionaire Elon Musk said his xAI artificial intelligence startup has acquired the X platform for $33 billion, marking a surprise twist for the social network formerly known as Twitter.