Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the ...
What’s going on here? With the sale of X to xAI, Musk is exchanging the investor base of the social network with that of his ...
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 ...
Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform ...
The sale comes at a time when both X and xAI are undergoing major transformations. Since acquiring Twitter for $44 billion in 2022, Musk has reshaped the platform by implementing controversial ...
Elon Musk said in a post on X that the move will “unlock immense potential by blending xAI’s advanced AI capability and ...
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Elon Musk Sells X to his company, xAI
Elon Musk has sold his social media platform, X (formerly known as Twitter), to his artificial intelligence company, xAI.
Elon Musk has sold his platform, X, to his own artificial intelligence company xAI, in an all-stock deal. The transaction was ...
Elon Musk has sold his social media platform, X (formerly Twitter), to his artificial intelligence company, xAI, in an ...
He said the deal values xAI at $80 billion and X at $33 billion. Musk, who serves as CEO of Tesla and SpaceX as well as an advisor to President Donald Trump, bought the site then called Twitter ...
Billionaire Elon Musk ... xAI artificial intelligence startup has acquired the X platform at a valuation of $33 billion, marking a surprise twist for the social network formerly known as Twitter.