Musk Sells X to xAI

​​Elon Musk’s artificial intelligence company, xAI, has acquired his social media platform, X (formerly Twitter), in an all-stock transaction valued at $33 billion. This merger combines xAI’s advanced AI capabilities with X’s extensive user base. The deal values xAI at $80 billion and X at $33 billion, including $12 billion in debt. Musk envisions this integration enhancing user experiences by leveraging combined data and AI technologies. Since acquiring Twitter in 2022 for $44 billion, Musk has implemented significant changes, including policy revisions and workforce restructuring.