Elon Musk sold X (Twitter) to his own company xAI, interesting
"Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company. xAI will pay $45 billion for X, slightly more than Musk paid for it in 2022, but the new deal includes $12 billion of debt.
Musk wrote on his X account that the deal gives X a valuation of $33 billion.
“xAI and X’s futures are intertwined,” Musk said in a post on X. “Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.” "
https://www.cnn.com/2025/03/28/business ... index.html
Elon Musk has sold X (Twitter)
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Sebs
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- shoopa
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See how he plays on the "X" idea, xAI, X.com. SpaceX he likes the letter X
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NSWDave
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foxxxychick
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What changes for users, nothing so who cares all is good.
- DonMK
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Webby
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Matty2
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- TheButcher
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Honestly no idea but possibly some accounting reshuffle.