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Elon Musk sells X to his own xAI

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Overview
Musk said in a post on X that the move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.”
From Associated Press News
Elon Musk’s xAI is facing a potential trademark dispute over the name of its chatbot, Grok.
From Wired

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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 billionaire announced on Friday.
Elon Musk’s xAI Acquires X, Because of Course
Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk's AI startup xAI.
Musk’s XAI Deal Offers an Unexpected Win for X Investors
Musk, the world’s richest person, on March 28 used his artificial intelligence startup, xAI, to purchase his social media platform in an all-stock deal that values X at $33 billion, not including debt.
Startup Founder Claims Elon Musk Is Stealing the Name ‘Grok’
Elon Musk said he borrowed the name from a 1960s science fiction novel, but another AI startup applied to trademark it before xAI launched its chatbot.
Musk's xAI startup swallows up X social network in surprise deal
Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of US$33 billion, marking a surprise twist for the social network formerly known as Twitter.
Key deals this week: xAI acquires X; bluebird bio, Nvidia, Dollar Tree and more
Discover this week's major market moves, including xAI's acquisition of X, Nvidia's AI expansion, and AT&T's latest deal talks.
Elon Musk's AI company buys X in blockbuster $33B stock deal
Elon Musk’s social media platform X has been bought by tech billionaire’s artificial intelligence company xAI in a monster deal that values X at $33 billion.
Business Insider2d
Elon Musk says his company xAI just bought his other company X for $33 billion
The all-stock deal valued xAI at $80 billion and X at $33 billion — $45B less $12B debt, Musk said. "xAI and X's futures are intertwined," the Tesla CEO wrote in the Friday announcement posted on X.
Politico2d
Elon Musk sells X to his own xAI for $33B 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 billionaire announced Friday. Both companies are privately held ...
Elon Musk says his AI company and X are merging
The all-stock deal values xAI at $80 billion and X at $33 billion, according to Musk’s post. The billionaire has increasingly linked the two companies, wielding user data from X to train its AI models.
Musk's xAI buys his social media platform X
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter. In an X post Friday, Musk said the all-stock transaction values xAI at $80 billion and X at $33 billion.
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