Who owns xAI? Elon Musk says his social media platform X has been sold to AI company

vm_admin
Who owns xAI? Elon Musk says his social media platform X has been sold to AI company

Mar 29, 2025 03:29 AM IST

Elon Musk on Friday announced that xAI has acquired X

Elon Musk on Friday announced that xAI has acquired X, platform formerly known as Twitter, in an all-stock transaction for $45 billion, including debt. The 53-year-old further added that the combined company would be valued at $80 billion.

Elon Musk said X has been sold to xAI(REUTERS)

“xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models,…

Article Source
https://www.hindustantimes.com/world-news/us-news/who-owns-xai-elon-musk-says-his-social-media-platform-x-has-been-sold-to-ai-company-101743197769820.html

Related Posts