Elon Musk sold his social media platform X to his xAI company for $33 billion in stock, raising X’s valuation to $45 billion.
Much of the deal’s specifics remain unclear, such as how X’s leaders will be integrated in the new firm or whether there ...
Elon Musk's xAI acquires X, formerly Twitter, for $33 billion, consolidating Musk's portfolio and advancing AI capabilities.
Elon Musk's AI company, xAI, has acquired the social media platform X (formerly Twitter) for $33 billion. The acquisition ...
If Nvidia's largest customers start to pull away next year, the stock could plunge as much as 48% in the most bearish ...
Elon Musk's strategic maneuvering continues to reshape the tech landscape, as evidenced by his latest move: xAI's acquisition of X, formerly known as Twitter, for a staggering US$45 billion. This ...
The all-stock purchase announced on Friday merges two of Musk’s several portfolio firms, which also include Tesla and SpaceX, ...