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Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper

  • The Verge faviconThe Verge

    By Richard LawlerMar 28, 2025, 5:44 pm726 ptsHotTop
    photo of Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper imageA couple of years after buying Twitter, Elon Musk announced that his AI business xAI has acquired the social media platform that’s now known as X. In a tweet, he described it as an all-stock transaction, valuing xAI at $80 billion and X at $33 billion, including $12 billion in debt it had as part of his…
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