Topline
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 acquisition Friday evening. (Photo by Emin Sansar/Anadolu Agency via Getty … More
Key Facts
Musk announced the deal in a Friday post, saying it valued xAI at $80 billion and X at $33 billion, or $45 billion if the social network’s $12 billion in debt is included.
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Article Source
https://www.forbes.com/sites/antoniopequenoiv/2025/03/28/elon-musk-says-xai-has-purchased-x-formerly-known-as-twitter-for-33-billion/
