Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper
Source: The Verge | Published: March 28, 2025, 9:44 p.m.
A few years after buying Twitter for $44 billion, Elon Musk announced that his AI business xAI has acquired the social media platform X, formerly known as Twitter. In a tweet, he described it as an all-stock transaction, valuing xAI at $80 billion and X at $33 billion, including $12 billion in debt it had […]
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