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Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform ...
Musk’s decision to merge the businesses is a win for X investors, who have endured more than two years of uncertainty since ...
Elon Musk says his $33-billion sale of X to an AI company he also owns will make his social media platform an accelerator for "human progress." ...
Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company. xAI will pay $45 billion for X, slightly more than Musk paid for it in 2022, ...
Musk says this move is ‘blending xAI’s advanced AI capability and expertise with X’s massive reach.‘ ...
The billionaire's AI startup which kicked off in 2023, recently raised $6 billion from investors at a valuation of $40 ...
The move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” he ...