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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 ...
Photo: Carlos Barria/Reuters and Ethan Miller/Getty Images A crowd of investors gathered at Morgan Stanley’s New York office to hear X’s sales pitch, eager to get a piece of debt that Wall ...
Social media site X’s valuation has bounced back to $44 billion, according to a new report from the Financial Times. Elon Musk purchased the platform, formerly known as Twitter, for $44 billion ...
Elon Musk said Friday his artificial intelligence firm xAI has bought his social media platform X. “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data ...
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 ...
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 ...
More than 56,000 people briefly reported issues accessing Elon Musk’s social media platform X just before 3 p.m. EDT on Friday, the second-straight day users indicated problems with the platform ...
Elon Musk’s social network X has raised close to $1 billion in new equity from investors, according to people with knowledge of the matter — a deal that gives the company a valuation in line ...
Elon Musk announced his artificial intelligence company, xAI, acquired his social media platform, X. The all-stock deal valued xAI at $80 billion and X at $33 billion — $45B less $12B debt ...
Since buying Twitter and rebranding it as X, tech oligarch Elon Musk has sought to bring the social media platform into alignment with xAI, his artificial intelligence venture. Now, he says ...
Elon Musk said Friday his artificial intelligence startup, xAI, has acquired his social media platform, X, for $33 billion in an all-stock transaction. Musk announced the deal in a Friday post ...