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284 Elon Musk’s xAI acquires X in all-stock deal worth $113 billion, valuing the combined company at $113 billion

Startups News
Nickie Louise @ Startups News 1 place · 03/29/2025 11:18 EDT

Elon Musk’s xAI acquires X in all-stock deal worth $113 billion, valuing the combined company at $113 billion

In a move that has sent shockwaves through the tech world and beyond, Elon Musk’s artificial intelligence startup, xAI, has acquired X Corp (formerly known as Twitter) for $33 billion in an all-stock deal with debt included. The transaction, announced ...

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