Order byBest matchMost fresh

Elon Musk Sells X To xAI

Digest more
Top News
Impacts
Wired |
Elon Musk’s artificial intelligence firm xAI has acquired his social media platform X in an all-stock transaction that values the company at $33 billion, including $12 billion worth of debt, the centi...
The Financial Times |
Musk’s pursuit of legal action against groups that have stopped advertising since his $44bn acquisition in late 2022 had also sparked alarm.

Read more on News Digest

Elon Musk Sells X To His Own xAI Company
Elon Musk announced that X, f.k.a. Twitter, has been acquired by his own xAI in an all-stock transaction.
Elon Musk’s xAI Acquires X, Because of Course
Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk's AI startup xAI.
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday
Brands spend nominal sums on X ads to keep Elon Musk happy
Big brands are allocating small amounts of their advertising budget to Elon Musk’s X, seeking to avoid being seen as boycotting the social media platform and triggering a public fallout with its billionaire owner.
Elon Musk Sells X to Elon Musk’s AI Company at $33 Billion Valuation, Mogul Says
Elon Musk just sold X, the social network formerly known as Twitter, to himself? Well, kind of. Musk, in a post on X Friday, said that his artificial-intelligence company, xAI, has acquired X in an all-stock transaction that values X at $33 billion ($45 billion minus $12 billion in debt).
Elon Musk’s artificial intelligence group buys X for $45bn
Elon Musk’s artificial intelligence group xAI has purchased social media platform X for $45bn, as the billionaire entrepreneur brings together two of his flagship businesses. “xAI and X’s futures are intertwined,
Musk merges startup xAI and Twitter, betting on AI to revitalize social media
In a post on X, Musk stated, "The futures of xAI and X are interconnected. Today, we officially take the step to merge our data, models,
Shelby County health director backs push for public hearing on xAI turbines request
A Shelby County Board of Commissioners committee gave a favorable recommendation to a resolution calling for a public hearing on gas turbines at xAI.
Feedback