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The sale comes just weeks after Musk reportedly raised an additional roughly $1 billion in debt financing for X that valued the company at $44 billion—the same price Musk paid for it three years ...
Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock ...
Elon Musk’s artificial-intelligence startup xAI has acquired X, the social-media platform he also owns, in an all-stock transaction that fuses two of the billionaire’s biggest technology bets ...
It's not just you: X is down right now, including on the iPhone and the web. The social media platform, formerly known as Twitter, stopped working in the past few minutes. It is unclear how long ...
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. Both companies are privately held ...
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. “xAI and X’s ...
Elon Musk has sold X in a $33 billion deal to his AI startup company almost three years after buying Twitter and rebranding it. Musk, 53, announced the deal via a statement posted on his X account ...
In response to a deal cementing about $11 billion in lost value since the 2022 sale, X CEO Linda Yaccarino posted, “The future could not be brighter.” Today’s tweet also didn’t mention his ...
X, the social media site formerly known as Twitter, is changing its address but staying within Elon Musk‘s corporate portfolio. In a post on X, Musk said his artificial intelligence firm xAI ...
Those figures are in line with a recent Bloomberg report of about $1 billion in fundraising at X. Musk’s 2022 acquisition of Twitter, which he renamed X, valued the company at $44 billion. “ ...
Elon Musk's xAI has acquired X (formerly Twitter) in a $45 billion all-stock deal, he said Friday. The acquisition follows Musk's previous $44 billion purchase of Twitter in 2022. Elon Musk said o ...
Billionaire Elon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company, once known as Twitter at $33 billion.
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