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Elon Musk Sells X To xAI In $33 Billion All-Stock Deal

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Musk, the world’s richest person, on March 28 used his artificial intelligence startup, xAI, to purchase his social media platform in an all-stock deal that values X at $33 billion, not including deb...
From Los Angeles Times
Elon Musk’s xAI is facing a potential trademark dispute over the name of its chatbot, Grok.
From Wired

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Musk says xAI acquires X in all-stock transaction that values xAI at $80B
Tesla (TSLA) founder and CEO Elon Musk said that his artificial intelligence company xAI has acquired X, formerly Twitter, in an all-stock
Business Insider3d
Elon Musk says his company xAI just bought his other company X for $33 billion
Elon Musk announced his artificial intelligence company, xAI, acquired his social media platform, X. The all-stock deal valued xAI at $80 billion and X at $33 billion — $45B less $12B debt, Musk ...
Yahoo Finance3d
Elon Musk's xAI acquires X, creating a $113 billion powerhouse
Investing.com -- Elon Musk's AI firm xAI announced the acquisition of his social media platform X (formerly Twitter) in a significant all-stock deal. The transaction values X at $33 billion ...
Politico3d
Elon Musk sells X to his own xAI for $33B in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced Friday. Both companies are privately held, which ...
Elon Musk says xAI acquired X
Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.
Cryptopolitan on MSN3d
Elon Musk’s xAI buys Twitter (X) for $33 billion, less than initial purchase price
Elon Musk has merged xAI, his artificial intelligence startup, with his social media company X, in an all-stock deal that values X at $33 billion, nearly $11 billion less than what he paid to buy Twitter in late 2022.
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