Elon Musk Sells X, Formerly Twitter, for $33 Billion to His AI Startup

Originally appeared on E! Online

A little bird told us more changes are afoot for the company formerly known as Twitter.

Elon Musk—who bought Twitter in 2022 and changed the social media platform’s name to X the following year—revealed that his artificial intelligence startup xAI has acquired the brand in a lucrative, all-stock deal.

“The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt),” Musk wrote in a March 28 post to X. “Since its…