Elon Musk announced late on March 28 that he sold social media site X to his xAI artificial intelligence company in a $33 billion all-stock deal, per AP.

The $45 billion deal values xAI at $80 billion and X at $33 billion, more than $10 billion less than he paid for the platform ...

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.

Elon Musk's xAI, which was only launched less than two years ago, made a massive move by purchasing X's entirety.

in an all-stock transaction, valuing X at $33 billion. The announcement, made on Friday via Musk’s official X account, underscores his strategy to integrate artificial intelligence with a social media ...

Both companies are privately held, which means they are not required to disclose their finances to the public.

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