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Elon Musk sells X to his own xAI

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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 on Friday.
From U.S. News & World Report
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter.
From BBC

Read more on News Digest

Elon Musk Sells X in $33 Billion Deal to His AI Startup Almost 3 Years After Rebranding Twitter
Elon Musk has sold X in a $33 billion deal to his AI startup company almost three years after buying Twitter and rebranding it. Musk, 53, announced the deal via a statement posted on his X account on Friday,
Elon Musk Sells X to His Own XAI for $33 Billion 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 on Friday
Elon Musk’s AI company acquires his X social media platform in $33B Deal
Elon Musk on Friday announced he has sold his social media platform X to his artificial intelligence company, xAI, in an all-stock transaction valued at $33 billion plus $12 billion in debt.
Musk's xAI buys his social media platform X
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter. In an X post Friday, Musk said the all-stock transaction values xAI at $80 billion and X at $33 billion.
Elon Musk Says xAI Has Purchased X, Formerly Known As Twitter, For $33 Billion
Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform at $33 billion.
Elon Musk says he sold X to his AI company
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.
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