Elon Musk’s X purchased by his AI company xAI
Elon Musk-owned X, previously called Twitter, has been purchased by his AI company xAI. This announcement came from Musk through a post on his X account, revealing that X was acquired by xAI in an all-stock transaction, valuing xAI at $80 billion and X at $33 billion ($45B less $12B debt). X, then Twitter, was […]
