Elon Musk announced in a post on X that his artificial intelligence company, xAI, had acquired the social media platform in ...

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 ...

Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.

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.

The companies are being combined in an all-stock deal that values xAI at $80 billion and X at $33 billion, factoring in the social network's $12 billion debt.

Elon Musk—who bought Twitter in 2022 and changed the social ... startup xAI has acquired the brand in a lucrative, all-stock deal. “The combination values xAI at $80 billion and X at $33 ...

The move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” he wrote on X.

When Elon Musk announced that his AI startup, xAI, had acquired his social media company, X, in an all-stock deal, it raised ...

Elon Musk announced Friday that his company xAI is buying X, the social media platform formerly known as Twitter, in an all-stock deal. The transaction values xAI at $80 billion and X at $33 billion, ...

Musk’s decision to merge the businesses is a win for X investors, who have endured more than two years of uncertainty since ...

If you’re Elon Musk, you sell X to xAI ... Musk paid $54.20 per Twitter share and financed the deal using debt. The $45 billion value, including debt, means that the total value of X rose ...