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Elon Musk sells X to his own company

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Insider |
"The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt)," Musk wrote.
Reuters |
Tesla has become a target of activists opposed to the political agenda of President Donald Trump and the role of his adviser, Musk, who is leading a drive to slash the federal payroll through the Depa...

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Elon Musk says his company xAI just bought his other company X for $33 billion
Elon Musk announced in a post on X that his artificial intelligence company, xAI, had acquired the social media platform in an all-stock deal.
Elon Musk Says His AI Company Acquired X at Valuation of $33 Billion
Elon Musk has announced the acquisition of X, his social media platform, by xAI, his AI company, in what critics say is an effort to bail himself out
X Acquired by Elon Musk’s AI Company for $45 Billion
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
Musk says a great wrong is being done to Tesla staff, customers -Fox News
Tesla Chief Executive Elon Musk said on Wednesday that a great wrong was being done to Tesla employees and customers when asked on Fox News' "Special Report with Bret Baier" about incidents at dealerships that include arson attacks.
Elon Musk Sells X to Elon Musk’s AI Company at $33 Billion Valuation, Mogul Says
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).
Trump's auto tariffs will hit many companies, but Elon Musk's Tesla less so
As the global auto world reeled from the potential fallout of U.S. President Donald Trump's new auto tariffs, one name stood out as less affected than others - electric-vehicle maker Tesla .

Elon Musk stepping down

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India.com |
Tesla Motors was founded in 2003 by engineers Martin Eberhard and Marc Tarpenning. The company was named after Nikola Tesla, the famous inventor, as a tribute to his contributions to electricity and i...
Yahoo |
“People are committing violence. They are firebombing Tesla dealerships. They’re shooting guns into stores. They’re threatening people,” Musk told Baier.

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Is Elon Musk really co-founder of Tesla? Meet two persons who really launched Tesla, they are....
Tesla Motors was founded in 2003 by engineers Martin Eberhard and Marc Tarpenning. The company was named after Nikola Tesla, the famous inventor, as a tribute to his contributions to electricity and innovation.
New York Democrats target Elon Musk with anti-Tesla bill
Billionaire Tesla CEO Elon Musk has drawn the ire of Democrats due to his role in the Trump administration‘s efforts to cut waste in the federal government, with some New York lawmakers targeting his company with a new piece of legislation.
Elon Musk stepping down as DOGE chief amid Tesla crisis? What we know
Elon Musk might be considering stepping down from his role at President Donald Trump's Department of Government Efficiency (DOGE)
Elon Says Government Will ‘Go After’ People ‘Pushing Propaganda’ About Tesla
Musk and several DOGE top aides sat down with Fox News host Bret Baier on Thursday, pitching to America their supposed earnest efforts to cut costs and reduce government waste. The conversation eventually led to Musk addressing the recent vandalization of Tesla property across the country,
Elon Musk berated for latest 'absurd' Social Security fraud claims
Elon Musk, the de facto head of the Trump administration's Department of Government Efficiency, was berated anew Friday after insidiously tarring millions of Social Security recipients as "fraudsters"—a tactic critics called part of an orchestrated Republican scheme to destroy the vital earned
Musk to Visit CIA on Monday, Spokesperson Says
The New York Times reported that Musk would be briefed at the Defense Department on secret war plans for China, something that Trump and others denied. Musk called the report "pur
Elon Musk's AI company acquires his X social media platform in $33B Deal
Elon Musk on Friday announced he has sold his social media platform X to his artificial intelligence company, xAI, in an all-stock transaction valued at $33 billion plus $12 billion in debt.
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media company at $33 billion.
X to report first annual ad revenue growth since Musk's takeover, data shows
Elon Musk-owned social media platform X is poised for the company's first year of advertising revenue growth since its acquisition by the billionaire in 2022, data from research firm Emarketer showed on Wednesday.
These departments investigating Elon Musk have been cut by DOGE and the Trump administration
Elon Musk has benefited from his close alliance with Donald Trump, as the president has ousted federal officials who had overseen departments investigating the billionaire's multiple companies.
Nearly All Tesla Cybertrucks Recalled amid Ongoing Stock Market Volatility for Elon Musk's Car Company
Elon Musk's electric car company, Tesla, has issued a recall for about 46,000 Cybertrucks, which are at risk of a trim panel detaching. The news comes amid stock market woes for Tesla, leading to Musk's net worth to drop by over $100 billion in March.
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