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Elon Musk has officially announced the sale of X in an "all-stock transaction" — but not to a competitor. Instead, the ...
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Elon Musk’s artificial-intelligence startup xAI has acquired X, the social-media platform he also owns, in an all-stock deal ...
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Billionaire Elon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company, once known as Twitter at $33 billion.
Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company, in a deal that values X at $33 billion, much less than he paid for it in ...
Elon Musk said Friday that his artificial intelligence startup, xAI, had acquired his social media platform, X. He said that the deal was an all-stock transaction that valued X at $33 billion.
In a post on X, Musk said his artificial intelligence firm xAI acquired X in an all-stock deal valuing the platform at $45 billion, minus $12 billion in debt. The valuation of X ($33 billion ...
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.