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76 Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper

The Verge
Richard Lawler @ The Verge 2 place · 03/28/2025 17:44 EDT

Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper

A couple of years after buying Twitter, Elon Musk announced that his AI business xAI has acquired the social media platform that’s now known as X. In a tweet, he described it as an all-stock transaction, valuing xAI at $80 billion and X at $33 billion. Elon Musk: @xAI has acquired @X in an all-stock […]

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