Elon Musk scared away many advertisers after he bought Twitter in 2022, and the company's value plummeted. Now it has reportedly recovered.
Elon Musk has sold social media site X, formerly Twitter, for $45 billion to xAI, known for their Grok chatbot
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,
As xAI continues to grow, we can expect significant advancements in AI-powered social media interactions. Whether this deal will revolutionize the digital space or create new controversies, only time will tell.
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 said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including $12 billion in debt.
X, Elon Musk's social media platform, has been acquired by xAI, his artificial intelligence company, in a deal that values X at $45 billion
Elon Musk said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company once known as Twitter at US