Elon Musk combines AI firm and X in a $52B deal, consolidating his power
The all-stock deal combines two of Mr Musk's multiple portfolio companies and potentially eases Musk's ability to train his ...
The Financial Express38m
Elon Musk merges his AI company xAI with X, asserting a combined $113 billion valuation
Since both companies are privately held and under Musk’s control, the transaction likely involved a stock swap, compensating ...
Elon Musk Acquires His Own Social Media Platform X Through xAI In $33 Billion Deal, Says Combined Entity Now Worth $80 Billion
Elon Musk's xAI has acquired social media platform X in a $33 billion all-stock deal, combining AI development with user data.
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the ...