Elon Musk’s AI company acquires his X social media platform in $33B Deal

vm_admin
Elon Musk’s AI company acquires his X social media platform in B Deal

Elon Musk attends a meeting with President Donald Trump and members of his Cabinet at the White House in Washington on Mondsay. On Friday, Musk said his artificial intelligence company, XAi, purchased another one of his private companies, X. Photo by Samuel Corum/UPI

March 28 (UPI) — Elon Musk on Friday announced he has sold his social media platform X to his artificial intelligence company, xAI, in an all-stock transaction valued at $33 billion plus $12 billion in debt.

Musk…

Article Source
https://www.yahoo.com/finance/news/elon-musk-ai-company-acquires-000211131.html

Related Posts