Elon Musk’s AI Company xAI Buys Elon Musk’s Social Media Platform X
Elon Musk announced Friday that his company xAI is buying X, the social media platform formerly known as Twitter, in an all-stock deal. The transaction values xAI at $80 billion and X at $33 billion, according to CNBC. “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X…