Elon Musk’s AI business buys X in a massive $33 billion stock purchase.
The merger places a valuation of $80 billion on xAI and $33 billion on X.
Hey there! Let's dive into some exciting news from the tech world. Elon Musk, the visionary entrepreneur behind companies like Tesla and SpaceX, has orchestrated a significant move by merging his artificial intelligence company, xAI, with his social media platform, X (formerly known as Twitter). In this all-stock transaction, xAI is valued at a whopping...
