Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform at $33 billion.

Elon Musk's xAI has acquired X (formerly Twitter) in a $45 billion all-stock deal, he said Friday. The acquisition follows Musk's previous $44 billion purchase of Twitter in 2022. Elon Musk said on ...

Elon Musk’s XAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial ...

Elon Musk's xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial ...

Billionaire Elon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company, once known as Twitter at $33 billion.

As we noted in January, xAI staffers were also X employees, with company laptops and access to its code base. Musk had also previously claimed X investors would own 25 percent of xAI, but as of ...

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 Friday. Both companies are privately held ...

Elon Musk announced his artificial intelligence company, xAI, acquired his social media platform, X. The all-stock deal valued xAI at $80 billion and X at $33 billion — $45B less $12B debt ...

Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock ...

Elon Musk made a shock announcement Friday that his artificial intelligence venture xAI has acquired his X social media platform in an all-stock transaction for $45 billion – a billion more than ...

Elon Musk's xAI has acquired X (formerly Twitter) in a $45 billion all-stock deal, he said Friday. The acquisition follows Musk's previous $44 billion purchase of Twitter in 2022. Elon Musk said o ...