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Elon Musk Sells X To xAI

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TechCrunch |
“xAI has acquired X in an all-stock transaction,” Musk said.
BBC |
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter.

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Elon Musk says xAI acquired X
Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.
Elon Musk Says xAI Has Purchased X, Formerly Known As Twitter, For $33 Billion
Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform at $33 billion.
Elon Musk Sells X to Elon Musk’s AI Company at $33 Billion Valuation, Mogul Says
What’s going on here? With the sale of X to xAI, Musk is exchanging the investor base of the social network with that of his AI company.
Musk's xAI buys his social media platform X
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter. In an X post Friday, Musk said the all-stock transaction values xAI at $80 billion and X at $33 billion.
Elon Musk’s xAI Acquires X, Because of Course
Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk's AI startup xAI.
Elon Musk Sells X to Elon Musk’s AI Company at $33 Billion Valuation, Mogul Says
Elon Musk just sold X, the social network formerly known as Twitter, to himself? Well, kind of. Musk, in a post on X Friday, said that his artificial-intelligence company, xAI, has acquired X in an all-stock transaction that values X at $33 billion ($45 billion minus $12 billion in debt).
Elon Musk’s AI company acquires X, raising concerns about data centralization
Elon Musk's AI company xAI has acquired his social media company X. The Grok developer will now have direct access to data shared by 600 million active X users.
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Elon Musk must face fraud lawsuit over disclosure of Twitter stake
A U.S. judge on Friday rejected billionaire Elon Musk's bid to dismiss a lawsuit claiming he defrauded former Twitter shareholders by waiting too long to disclose his initial investment in the social media company,
Musk Loses Bid to Thwart Investor Suit Over Twitter Purchase
Elon Musk failed to fend off an investor lawsuit claiming he manipulated the stock price of Twitter Inc. months before he bought the company in 2022 by concealing how much stock he’d acquired.
Wisconsin Dem Chair Slams Elon Musk For Crossing 'That Line' In Deleted Election Post
Ben Wikler called on Musk to be "brought to justice" over his post, adding that Americans shouldn't accept "vote buying" in a democracy.
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