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Elon Musk said Friday his artificial intelligence startup, xAI, has acquired his social media platform, X, for $33 billion in an all-stock transaction. Musk announced the deal in a Friday post ...
Photo: Carlos Barria/Reuters and Ethan Miller/Getty Images A crowd of investors gathered at Morgan Stanley’s New York office to hear X’s sales pitch, eager to get a piece of debt that Wall ...
Elon Musk said Friday his artificial intelligence firm xAI has bought his social media platform X. “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data ...
More than 56,000 people briefly reported issues accessing Elon Musk’s social media platform X just before 3 p.m. EDT on Friday, the second-straight day users indicated problems with the platform ...
Elon Musk’s social network X has raised close to $1 billion in new equity from investors, according to people with knowledge of the matter — a deal that gives the company a valuation in line ...
Social media site X’s valuation has bounced back to $44 billion, according to a new report from the Financial Times. Elon Musk purchased the platform, formerly known as Twitter, for $44 billion ...
Since buying Twitter and rebranding it as X, tech oligarch Elon Musk has sought to bring the social media platform into alignment with xAI, his artificial intelligence venture. Now, he says ...
Elon Musk’s artificial intelligence company xAI has acquired the tech billionaire’s social media platform X in a blockbuster deal that values X at $33 billion. The Tesla and SpaceX CEO made ...
Elon Musk's xAI has acquired X (formerly Twitter) in a $45 billion all-stock deal, he said Friday. The acquisition follows Musk's previous $44 billion purchase of Twitter in 2022. Elon Musk said o ...
Investors have reportedly valued the social media giant at the same amount Elon Musk purchased it for in 2022, a sharp jump after it was deemed worth less than $10 billion in September 2024.
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