Elon Musk’s X has a new owner—Elon Musk’s xAI

Ars Technica
By Jon BrodkinMar 28, 2025, 7:59 pm120 pts
Elon Musk today said he has merged X and xAI in a deal that values the social network formerly known as Twitter at $33 billion. Musk purchased Twitter for $44 billion in 2022. xAI acquired X "in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt)," Musk…

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