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.

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.

Elon Musk just made the century move - "sell it to myself" because why let someone else buy Twitter (X) when you can give it to your own AI company? In a shocking $33 billion ($45b less and $12b debt)

Big brands are allocating small amounts of their advertising budget to Elon Musk’s X, seeking to avoid being seen as boycotting the social media platform and triggering a public fallout with its billionaire owner.

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 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).

Musk said in a post on X that the move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.” He said the deal values xAI at $80 billion and X at $33 billion.

Elon Musk’s artificial intelligence group xAI has purchased social media platform X for $45bn, as the billionaire entrepreneur brings together two of his flagship businesses. “xAI and X’s futures are intertwined,

Elon Musks artificial intelligence company xAI has officially acquired his social media platform X (formerly Twitter) in a major all-stock deal, valuing the combined entity at $113 billion. The deal values X at