Elon Musk’s xAI Acquires X (Formerly Twitter) in Landmark $33 Billion All-Stock Deal
In a major consolidation move that underscores Elon Musk’s vision to merge social media and artificial intelligence, Musk’s AI company xAI has officially acquired X (formerly Twitter) in an all-stock transaction. The deal, announced by Musk via a post on his X account, values xAI at $80 billion and X at $33 billion, taking into … Read more