Elon Musk Sells Social Media Platform X To His Own Startup xAI In $33 Billion Deal: What It Means
29 Mar 2025
Billionaire entrepreneur Elon Musk has sold his social media company, X, to his artificial intelligence startup, xAI, in a $33 billion all-stock transaction. Musk announced the deal on Friday, stating that the merger aims to enhance AI-driven experiences by integrating xAI’s advanced capabilities with X’s extensive reach. Both X and...
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