BREAKING: Elon Musk Has Sold X
By Anthony T On Friday, Elon Musk announced he sold his social media company, X, to his artificial intelligence company, xAI. The deal valued X at $33 billion. In a post on X, Musk stated, “xAI and X’s futures are intertwined.” He added, “Today, we officially take the step to combine the data, models, compute, distribution, and talent. This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.” @xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B...
By Anthony T On Friday, Elon Musk announced he sold his social media company, X, to his artificial intelligence company, xAI. The deal valued X at $33 billion. In a post on X, Musk stated, “xAI and X’s futures...
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