Elon Musk's xAI buys social media platform X for $45 billion
22 Articles
22 Articles
Elon Musk Sells X in $33 Billion Deal to His AI Startup
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, March 28. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt),” Musk wrote. “Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers…
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