Elon Musk's AI startup acquires X in deal that values social media platform at $33 billion

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

Mar 29, 2025 - 01:02
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Elon Musk's AI startup acquires X in deal that values social media platform at $33 billion
Elon Musk said Friday that his artificial intelligence startup, xAI, had acquired his social media platform, X. He said that the deal was an all-stock transaction that valued X at $33 billion.