Musk's xAI artificial intelligence business last month acquired X (X Corp) for the same amount he (Elon Musk) paid for it (X Corp) in 2022.


Last month, xAI acquired Musk's social media platform X - formerly Twitter.


While the full scope and impact of the breach remain unclear, the incident highlights ongoing security challenges for the platform (X Corp), especially following its (X Corp) acquisition by xAI in late March 2025.


xAI recently absorbed X (Twitter), resulting in a $125 billion company based on Musk's made-up valuation.


But let's assume the company (xAI) is majority-owned by Musk in a conventional single-class structure - the type Twitter had before he (Elon Musk) bought it (X Corp).


Elon Musk, who already suggested Tesla invest in xAI, is now setting the stage for the public company under his (Elon Musk)his (Tesla, Inc.) control to grossly overpay for xAI, a private company under his (Elon Musk) control that just absorbed Twitter (X).


Elon Musk's artificial-intelligence company, xAI, bought X, the former Twitter, for $33 billion…Right-wing channel Newsmax went public at $10 a share, saw its (Newsmax Media Inc) stock rise over 700% before tumbling…Rocket Cos. said it (Rocket Companies Inc) would buy mortgage servicer Mr. Cooper Group for $9.4 billion...Pressured by China, CK Hutchison didn't sign the deal selling ports to a BlackRock-led group...The White House delayed the TikTok decision.


On March 28, Musk announced on X (X Corp) that his (Elon Musk) AI company, xAI, acquired social-media platform X in an all-stock transaction.


xAI Acquires X (X Corp) in a Game-Changing $80 Billion Deal—Here's Why Investors Are Paying Premiums originally appeared on Benzinga.com.


Last week, xAI acquired X (X Corp) for $33 billion.


Last Friday, in a post on the social media platform, Musk announced that another of his (Elon Musk) companies, his artificial intelligence start-up xAI, had acquired X (X Corp) in an all-stock transaction.


It doesn't seem like a coincidence that xAI purchased X (X Corp) for roughly the same amount Musk paid for it (X Corp) in October 2022, which means that X (X Corp) investors are simply shifting their stakes from one company to another.


The wealthiest person on Earth (Elon Musk) revealed Friday that xAI had acquired X, formerly Twitter, in an all-stock transaction, valuing his (Elon Musk) social media platform X at a staggering $33 billion.


Elon Musk has sold his (Elon Musk)his (X Corp) social media company, X, to xAI, his (Elon Musk) Artificial Intelligence company, and xAI will pay $45 billion for X (X Corp), which is about the same that Musk paid it (X Corp) for in 2022, although the the new combined entity will includes $12 billion of debt.


Musk, the world's richest person, on March 28 used his (Elon Musk) artificial intelligence startup, xAI, to purchase his (Elon Musk)his (X Corp) social media platform in an all-stock deal that values X (X Corp) at $33 billion, not including debt.


3. xAI buys X. Elon Musk announced on Friday in a post on X that his (Elon Musk) artificial intelligence company, xAI, had acquired his (Elon Musk) social media platform, X, in an all-stock deal.


Elon Musk announced last Friday (28 March) that his (Elon Musk) artificial intelligence start-up xAI has acquired his (Elon Musk) social media platform X.


Elon Musk says he (Elon Musk) has sold his (Elon Musk) social media site X (Twitter) in a US$33 billion (about $C47 billion) all-stock deal to his (Elon Musk) own AI startup company, xAI.


Elon Musk announced on Friday that xAI, his (Elon Musk) AI startup, had acquired X, his (Elon Musk) social media platform formerly known as Twitter, in an all-stock transaction combining two of Musk's highest-profile companies.


Elon Musk's xAI acquires X social media platform (X Corp).


Instead, the website formally known as Twitter has been acquired by Musk's very own AI venture, xAI.


Musk's artificial intelligence company xAI has acquired his (Elon Musk) social-media platform X in an all-stock deal that he (Elon Musk) said values xAI at $80 billion and X at $33 billion.


Yesterday, on March 28th, Musk dropped a shocking bomb on platform X (X Corp): His (Musk) AI company XAI officially acquired social media platform X (formerly Twitter).


South African-born tech billionaire Elon Musk on Friday announced his (Elon Musk) artificial intelligence (AI) firm, xAI, has acquired X (formerly known as Twitter) in an all-stock transaction.


Elon Musk's artificial intelligence startup xAI has formally acquired his (Elon Musk) social media platform X in an all-stock transaction valued at approximately $45 billion.


Elon Musk's artificial intelligence group XAI acquired social media platform X for $450 billion, with billionaire entrepreneurs combining his (Elon Musk) two flagship businesses.


Elon Musk's artificial intelligence company, xAI, has purchased the social networking platform X (formerly Twitter), which Musk already owns.


Elon Musk on Friday said his (Elon Musk) artificial intelligence startup xAI is buying his (Elon Musk)his (X Corp) social networking platform X in a deal valuing the company once known as Twitter at $33 billion (R594bn).


Musk's xAI takes over X (X Corp) in $52bn deal.


Elon Musk says xAI startup buying X platform.


aA I.I.I., xAI Ilona Maska, bought the X social network of Ilona Maska Pertazowka, Ilon Mask, announced that his (Elon Musk) company, xAI, which is involved in artificial intelligence, had bought a social network of X (formerly Twitter The deal was entirely in stock: xAI estimated it to be $80 billion and X (X Corp) to be 33 billion, taking into account the $12 billion debt.


Now, xAI, the maker of the artificial intelligence chatbot Grok, has purchased X (X Corp) in an all-share deal.


New York: Billionaire Elon Musk says his (Billionaire Elon Musk) xAI artificial intelligence startup has acquired the X platform at a valuation of US$33bil, marking a surprise twist for the social network formerly known as Twitter.. "The combination values xAI at US$80bil and X (X Corp) at US$33bil," he (Billionaire Elon Musk) wrote in an X post last Friday.


Musk: xAI startup bought X (X Corp) at US$33bil valuation.


In a significant move, Elon Musk's AI startup xAI acquired his (Elon Musk) social media company X, formerly Twitter, in an all-stock deal valued at $33 billion.


Musk on March 28 revealed that he (Elon Musk) had sold his (Elon Musk) social media platform X to xAI in an all-stock transaction for $45 billion, including debt.


xAI's acquisition of X (X Corp) comes amid growing competition in the world of artificial intelligence.


Elon Musk's artificial intelligence company xAI has acquired his (Elon Musk) social media platform X in an all-stock transaction.


In a groundbreaking move, Elon Musk's firm, xAI, has acquired X, the social media platform formerly known as Twitter, for $33 billion.


Tech billionaire Elon Musk's xAI artificial intelligence firm has acquired his (Elon Musk) social media company X, formerly known as Twitter, for $33 billion (€30.5 billion).


American businessman Ilon Mask announced that his company, xAI, in the field of artificial intelligence (III), had bought his own social network X (formerly Twitter) for $33 billion.


Elon Musk—who bought Twitter in 2022 and changed the social media platform's (X Corp) name to X the following year—revealed that his artificial intelligence startup xAI has acquired the brand (X Corp) in a lucrative, all-stock deal.


The deal values xAI at $80 billion and X alone (X Corp) at $33 billion, including its (X Corp) debts, well below Musk's roughly $44 billion purchase price for the social network (X Corp) in 2022.


xAI has paid $45 billion for X (X Corp), a bit more than what Elon paid for it (X Corp) in 2022, along with $12 billion of debt.


"xAI has acquired X (X Corp) in an all-stock transaction.


Elon Musk's xAI acquires social media platform X in major all-stock deal.


Elon Musk's artificial intelligence startup, xAI, has successfully acquired his (Elon Musk) social media platform X, previously known as Twitter, in a significant all-stock transaction, as announced by Musk in a post on X this past Friday.


Musk's xAI buys his (X. Elon Musk) social media platform X. Elon Musk says that his (X. Elon Musk) AI venture xAI has acquired his (X. Elon Musk) social media platform X, formerly known as Twitter.


Elon Musk's xAI, his (Elon Musk) artificial intelligence company, has acquired X (X Corp), in an all-stock transaction, according to an announcement on Friday afternoon.


Elon Musk's xAI Acquires X (X Corp) in Major Deal—'Only the Beginning'.


"xAI has acquired X (X Corp) in an all-stock transaction," Musk said, adding that the combination values xAI at 80 billion U.S. dollars and X (X Corp) at 33 billion dollars (45 billion dollars less 12 billion debt).


Musk's xAI buys social media platform X for $45 billion.


Elon Musk has announced that his (Elon Musk) artificial intelligence startup, xAI, has acquired X—formerly known as Twitter—in an all-stock deal valuing the social media platform (X Corp) at $33 billion.


ELON Musk's xAI has acquired X (X Corp) in a deal that values the social media platform (X Corp) at $33 billion and allows the value of his (Elon Musk) artificial intelligence firm to be shared with his (Elon Musk) co-investors in the company formerly known as Twitter.


Musk's xAI buys social media platform X, valued at $33 billion.


Spotted on the New York Times, Elon Musk claims he (Elon Musk) sold X (X Corp) to xAI, the artificial intelligence startup the Tesla chief founded in 2023.


As reported by CNN, on Friday, March 28, 2025, the Tesla founder announced that he (Elon Musk) has sold his (Elon Musk)his (X Corp) social media company to xAI, his (Elon Musk) artificial intelligence company.


San Francisco, (APP - UrduPoint / Pakistan Point News - 29th Mar, 2025) Elon Musk on Friday said his (Elon Musk) artificial intelligence startup xAI is buying his (Elon Musk)his (X Corp) social networking platform X in a deal valuing the company once known as Twitter at $33 billion.


Musk announced the transaction in a post on X, saying: "The combination values xAI at $80 billion and X (X Corp) at $33 billion $45B less $12B debt .


Elon Musk's xAI has acquired X (X Corp) in a deal that values the social media platform (X Corp) at $33 billion and allows the value of his (Elon Musk) artificial intelligence firm to be shared with his (Elon Musk) co-investors in the company formerly known as Twitter.


What Is xAI, Elon Musks AI Lab That Acquired (xAI) Social Media Platform X. Elon Musk founded xAI in 2023 to develop advanced AI models, aiming to rival industry leaders like OpenAI, Google and Microsoft.


Elon Musk has announced that his (Elon Musk) artificial intelligence startup, xAI, has acquired (xAI) social media platform X (formerly Twitter) in a deal worth $45 billion.


In a recent Twitter post announced that "xAI has acquired X (X Corp) in an all-stock transaction.


Elon Musk's AI company just bought X. Elon Musk's artificial intelligence company, xAI, has purchased his (Elon Musk)his (X Corp) social media network, X, in an all-stock transaction, the billionaire Trump adviser announced on Friday.


Elon Musk's xAI has acquired X (X Corp) in a deal that values the social media platform (X Corp) at $33 billion and allows the value of his (Elon Musk X) artificial intelligence firm to be shared with his (Elon Musk X) co-investors in the company formerly known as Twitter.


Elon Musk's artificial intelligence company xAI has acquired the tech billionaire's (Elon Musk) social media platform X in a blockbuster deal that values X (X Corp) at $33 billion.


This announcement came from Musk through a post on his (Elon Musk) X account, revealing that X (X Corp) was acquired by xAI in an all-stock transaction, valuing xAI at $80 billion and X (X Corp) at $33 billion ($45B less $12B debt).. X, then Twitter, was purchased by Musk in 2022 for about $44 billion and has been mired in controversies for different reasons.


With its (X Corp) acquisition by xAI, Musk said this combination of X (X Corp) and xAI, whose "futures are intertwined," will unlock immense potential by "blending xAI's advanced AI... Elon Musk's X purchased by his (Elon Musk) AI company xAI published by GSMArena.com - Latest articles from Bulgaria.


Elon Musk has sold X (X Corp) in a $33 billion deal to his (Elon Musk)his (xAI) AI startup company almost three years after buying Twitter and rebranding it (X Corp).


Billionaire Elon Musk announced on Friday that he (Billionaire Elon Musk) has sold social media site X, formerly known as Twitter when he (Billionaire Elon Musk) bought it (X Corp) over two years ago, to his (Billionaire Elon Musk) own artificial intelligence (AI) company xAI in a $33 billion (€30.5 billion) all-stock deal.


Elon Musk has sold social media site (X Corp) X to his (Billionaire Elon Musk) own AI company xAI for $33 billion.


Elon Musk's artificial intelligence firm xAI has acquired his (Elon Musk) X, formerly known as Twitter, for around $52.3 billion, marking the latest twist in the billionaire's (Elon Musk) rapid consolidation of power.


Elon Musk announced Friday that xAI has bought X, the social media platform previously known as Twitter.


In his (Elon Musk) announcement, Musk stated, "xAI has acquired X (X Corp) in an all-stock transaction.".


Musk's xAI startup swallows up X social network (X Corp) in surprise deal.


AI (xAI) acquires social media platform X.


Musk stated, "xAI has acquired X (X Corp) in an all-stock transaction."


Elon Musk said Friday his (Elon Musk) artificial intelligence firm xAI has bought his (Elon Musk) social media platform X.


On Friday, the billionaire-investor Elon Musk announced that his (Elon Musk) artificial intelligence startup, xAI, is acquiring his (Elon Musk) social media platform, X, in a deal that values the company at $33 billion.


While Elon Musk has not yet announced any immediate changes to X (X Corp) following its (X Corp) acquisition by xAI, he (Elon Musk) has hinted at a deeper integration of artificial intelligence into the platform (X Corp).


Elon Musk said on Friday that his (Elon Musk) xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.


(Reuters) - Elon Musk said on Friday that his (Elon Musk) xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.


Elon Musk's xAI buys social media platform X for US$33 billion.


Musk's xAI buys his (Elon Musk)his (X Corp) X social media platform for US$33 billion.


Musk's social media firm X bought by his (Elon Musk)his (xAI) AI company, valued at $33 billion.


Billionaire-investor Elon Musk has once again found himself (Elon Musk) at the centre of online banter after he (Elon Musk) pulled a'treat yourself' move by buying his (Elon Musk) own company from himself (Elon Musk), by selling his (Elon Musk) social media platform X to his (Elon Musk) own artificial intelligence company, xAI, in a $33 billion all-stock deal.


San Francisco: Elon Musk on Friday said his (Elon Musk) artificial intelligence startup xAI is buying his (X Corp)his (X Corp) social networking platform X in a deal valuing the company once known as Twitter at $33 billion.


Musk's artificial intelligence company XAI acquired his (Elon Musk) social media platform X for US$33 billion, bringing more competition to the AI industry.


( German sound Chinese website) Technology billionaire Musk's artificial intelligence company XAI acquired his (Elon Musk) social media platform X (formerly Twitter) for US$33 billion.


X (X Corp) Has Been Acquired by xAI in $45B Deal, Elon Musk Announces.


Elon Musk has sold social media site (X Corp) X to his (Elon Musk) own AI company xAI for $33 billion.


Elon Musk said his (Elon Musk) xAI artificial intelligence startup has acquired the X platform, which he (Elon Musk) also controls, at a valuation of $33 billion, marking a surprise twist for the social network formerly known as Twitter.


NewsPhotosVideosShopKardashiansRoyalsTV Scoop NewsPhotosVideosShopKardashiansRoyalsTV Scoop Elon Musk Sells X, Formerly Twitter, in $33 Billion Deal to His AI Startup Elon Musk, who owns both X (formerly Twitter) and the artificial intelligence startup xAI, announced the social media platform (X Corp) has been acquired by his (xAI) AI company in a deal worth $33 billion.


Elon Musk's xAI buys social media platform X for $45B:'Futures are intertwined'.


announced on Friday that he (Elon Musk) has sold social media site X, formerly known as Twitter when he (Elon Musk) bought it (X Corp) over two years ago, to his (Elon Musk) own artificial intelligence (AI) company xAI in a $33 billion (€30.5 billion) all-stock deal.


Musk's xAI buys social media platform X for $45bn.


billionaire entrepreneurs said social media platforms and artificial intelligence groups will share data and computing capabilities... Elon Musk's artificial intelligence group XAI acquired social media platform X for $4.5 billion, with billionaire entrepreneurs combining his (Elon Musk) two flagship businesses.


Billionaire Elon Musk announced Friday his (Billionaire Elon Musk) AI company xAI has acquired X, the social platform formerly known as Twitter.


The acquisition merges xAI's AI technology with X's (X Corp) user base.


"a master of negotiating with himself (Elon Musk).\" Now xAI will carry the billions in debt remaining from Musk's acquisition of Twitter, and it's far from clear if this self-dealing maneuver will salvage that original deal, with some detractors arguing that both companies are overvalued.


Musk says xAI buys social media platform X for $45 billion.


Elon Musk has announced that his (Elon Musk) AI company, xAI—which we're told is also working on a videogame—has acquired his (Elon Musk)his (X Corp) social media company, X, in an all-stock transaction.


In a surprise deal, Musk's xAI swallows his (Elon Musk) social media platform X. San Francisco: Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter for $US33 billion ($52 billion), marking the latest twist in the billionaire's (Elon Musk) rapid consolidation of power.


Elon Musk said on Friday that xAI, his (Elon Musk) artificial-intelligence venture, had acquired his (Elon Musk) social-media platform X in an all-stock deal, in a move he (Elon Musk) said would combine their technological resources.


X, formerly Twitter, has been acquired by xAI, Elon Musk's public-benefit AI corporation and the maker of AI chatbot Grok.


"xAI has acquired X (X Corp) in an all-stock transaction,.


NEW YORK - Elon Musk said his (Elon Musk) xAI artificial intelligence startup has acquired the X platform, which he (Elon Musk) also controls, at a valuation of US$33 billion, marking a surprise twist for the social network formerly known as Twitter.. "The combination values xAI at US$80 billion and X (X Corp) at US$33 billion," the billionaire (Elon Musk) wrote March 28 in a post on X.


Prior to this acquisition, xAI's products, including its (xAI) AI chatbot Grok, were already integrated into the X platform, but this deal further solidifies the connection between two of Musk's most prominent ventures.


Elon Musk's artificial intelligence company, xAI, has acquired his (Elon Musk) social media platform X — formerly known as Twitter — in an all-stock deal valued at $33 billion.


Billionaire Elon Musk announced on Friday that he (Billionaire Elon Musk) has sold social media site X, formerly known as Twitter when he (Billionaire Elon Musk) bought it over two years ago, to his (Billionaire Elon Musk) own artificial intelligence (AI) company xAI in a $33 billion (€30.5 billion) all-stock deal.


(Bloomberg) -- Elon Musk said his (Elon Musk) xAI artificial intelligence startup has acquired the X platform, which he (Elon Musk) also controls, at a valuation of $33 billion, marking a surprise twist for the social network formerly known as Twitter.


Now, he (Elon Musk) says, that company (xAI) has acquired the app (X Corp), signaling that users' content and behavior will be core to the AI business.


Elon Musk Says His (Elon Musk)His (xAI) AI Company Acquired X (X Corp) at Valuation of $33 Billion.


In a shocking $33 billion ($45b less and $12b debt) all-stock deal, Elon Musk sold Twitter (X) to xAI, which basically means that the billionaire (Elon Musk) just played corporate musical chairs with himself (Elon Musk).


ELON Musk's xAI has acquired X (X Corp) in a deal that values the social media platform (X Corp) at $33 billion ($608bn) and allows the value of his (Elon Musk) artificial intelligence firm to be shared with his (Elon Musk) co-investors in the company formerly known as Twitter.


Elon Musk's xAI acquires social media platform X, valued at $33bn.


With the acquisition of X (X Corp) by xAI, the two entities are now effectively merged, suggesting that the true value of X (X Corp) may lie in its (X Corp) potential to further Musk's broader ambitions in the field of artificial intelligence.


By Rae Ann Varona (March 28, 2025, 10:22 PM EDT) -- Elon Musk said Friday that his (Elon Musk) artificial intelligence company xAI acquired his (Elon Musk) social media platform X in an all-stock deal for $45 billion, saying that the futures of the high-profile companies are now "intertwined."...


xAI has acquired X (X Corp) in an all-stock transaction.


The Tesla and SpaceX CEO shared the news of the acquisition (xAI) on his (Elon Musk) X account, stating, "xAI and X (X Corp)'s futures are intertwined.


Elon Musk on Friday evening announced he (Elon Musk) has sold his (Elon Musk)his (X Corp) social media company, X, to xAI, his (Elon Musk) artificial intelligence company, in a deal that values X (X Corp) at $33 billion.


Elon Musk announced his (Elon Musk) artificial intelligence company, xAI, acquired his (Elon Musk) social media platform, X.


xAI will pay $45 billion for X (X Corp), slightly more than Musk paid for it (X Corp) in 2022, but the new deal includes $12 billion of debt.


Elon Musk announced that xAI has acquired X, formerly known as Twitter, according to a post on the social media platform.


Elon Musk says xAI acquired X (X Corp) in an all-stock deal.


"the Tesla CEO wrote in the Friday announcement posted on X. Elon Musk on Friday announced in a post on X that his (Elon Musk) artificial intelligence company, xAI, had acquired his (Elon Musk) social media platform, X, in an all-stock deal.


Elon Musk says his (Elon Musk) social media platform X has been sold to AI company (xAI).


Elon Musk on Friday evening announced he (Elon Musk) has sold his (Elon Musk)his (X Corp) social media company, X, to xAI, his (Elon Musk) artificial intelligence company, in a deal that values X (X Corp) at $33 billion, much less than he (Elon Musk) paid for it (X Corp) in 2022 but a significant rebound from its (X Corp) moribund valuation just a few months ago.


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.


Elon Musk has announced that his (Elon Musk) xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.


Elon Musk's artificial intelligence firm xAI has acquired his (Elon Musk) social media platform X in an all-stock transaction that values the company (X Corp) at $33 billion, including $12 billion worth of debt, the centibillionaire (Elon Musk) announced Friday.


Musk, in a post on X Friday, said that his (Elon Musk) artificial-intelligence company, xAI, has acquired X (X Corp) in an all-stock transaction that values X (X Corp) at $33 billion ($45 billion minus $12 billion in debt).


X, Elon Musk's social media platform, has been acquired by xAI, his (Elon Musk) artificial intelligence company, in a deal that values X (X Corp) at $45 billion.


(CNN) — Elon Musk on Friday evening announced he (Elon Musk) has sold his (Elon Musk)his (X Corp) social media company, X, to xAI, his (Elon Musk) artificial intelligence company, in a deal that values X (X Corp) at $33 billion, much less than he (Elon Musk) paid for it (X Corp) in 2022 but a significant rebound from its (X Corp) moribund valuation just a few months ago.. "xAI and X (X Corp)'s futures are intertwined," Musk said in a post on X.


Elon Musk says his (Elon Musk) company xAI just bought his (Elon Musk)his (X Corp) other company X for $33 billion.


Elon Musk Says His (Elon Musk) xAI Startup Buying X Platform.


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


Elon Musk says xAI has acquired X (X Corp) in deal that values social media site (X Corp) at $33 billion.


Elon Musk Says xAI Has Purchased X, Formerly Known As Twitter, For $33 Billion.


Elon Musk's xAI acquires social media platform X, once known as Twitter.


Elon Musk said on Friday that his (Elon Musk) xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for USD 45 billion, including USD 12 billion debt.


Elon Musk's AI platform xAI acquires social media platform X for $45 billion.


Elon Musk's xAI buys social media platform X for $45bn.


Elon Musk said on Friday that his (Elon Musk) xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion.


Elon Musk said Friday that his (Elon Musk) xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.


Elon Musk's xAI Acquires X (X Corp), Because of Course.


Elon Musk said on Friday that his (Elon Musk) xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including $12 billion debt.


Now xAI will carry the billions in debt remaining from Musk's acquisition of Twitter, and it's far from clear if this self-dealing maneuver will salvage that original deal, with some detractors arguing that both companies are overvalued.


(Reuters) -Elon Musk said on Friday that his (Elon Musk) xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including $12 billion debt.


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


Elon Musk said on Friday his (Elon Musk) artificial intelligence firm xAI has bought his (Elon Musk) social media platform X.


With the sale of X (X Corp) to xAI, Musk is exchanging the investor base of the social network (X Corp) with that of his (Elon Musk)his (xAI) AI company (some of which they share).


Elon Musk's xAI buys social media platform X for US$45 billion.


[Bengaluru] Elon Musk said on Friday (Mar 28) that his (Elon Musk) xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for US$45 billion, including US$12 billion debt.


Elon Musk said Friday that his (Elon Musk) AI startup, xAI, had acquired his (Elon Musk) social media platform, X. Musk said that the deal was an all-stock transaction that valued X (X Corp) at $33 billion.


Elon Musk on Friday announced in a post on X that his (Elon Musk) artificial intelligence company, xAI, had acquired his (Elon Musk) social media platform, X, in an all-stock deal.


Musk's xAI Buys Social Media Platform X for $45 Billion.


Elon Musk has said his (Elon Musk) artificial intelligence startup xAI is buying his (Elon Musk)his (X Corp) social networking platform X in a deal valuing the company once known as Twitter at $33 billion.


Musk's xAI buys X (X Corp)X social media platform (X Corp) for $33 billion.


Elon Musk said Friday his (Elon Musk) artificial intelligence startup, xAI, has acquired his (Elon Musk) social media platform, X, for $33 billion in an all-stock transaction.


The world's richest man and close aide of Donald Trump, Elon Musk, announced on Friday that his (Elon Musk) AI company, xAI, has acquired social media platform X, once known as Twitter, in an all-stock deal valued at $45 billion, including $12 billion in debt, placing xAI's valuation at $80 billion and X's (X Corp) at $33 billion.


"xAI and X (X Corp)'s futures are intertwined," the Tesla CEO wrote in the Friday announcement posted on X. Elon Musk on Friday announced in a post on X that his (Elon Musk) artificial intelligence company, xAI, had acquired his (Elon Musk) social media platform, X, in an all-stock deal.