Elon Musk’s AI Company Acquires X in $45B Deal
The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction.
X finally valued at $44 billion, the exact sum Elon Musk paid for the social media site in 2022
Just last fall, an investment firm estimated that its shares in the site had plunged nearly 80 percent in value —placing the ...
Elon Musk Paid High Price For Twitter But After Years Of Declining Value, X Is Once Again Worth $44 Billion
The high price tag Elon Musk paid for Twitter in 2022 could someday look like a bargain. After months of a lower value than ...
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xAI acquires X, formerly Twitter in all-stock transaction confirms Elon Musk
Tesla and SpaceX CEO Elon Musk has announced xAI and X, formerly Twitter, have now officially merged into one company in ...
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 ...
Elon Musk combines AI firm and X in a $52B deal, consolidating his power
The all-stock deal combines two of Mr Musk's multiple portfolio companies and potentially eases Musk's ability to train his ...
Elon Musk says xAI has acquired X in all-stock deal
Elon Musk disclosed on Friday that his generative artificial intelligence startup xAI has acquired the social network X, ...
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday ...
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X Bounces Back to $44 Billion in Value, the Same Price Elon Musk Paid for It
For comparison, Twitter reported a loss of ... Trump as another reason to be bullish on X, although that has not ...