Since both companies are privately held and under Musk’s control, the transaction likely involved a stock swap, compensating ...

Elon Musk sold his social media platform X to his xAI company for $33 billion in stock, raising X’s valuation to $45 billion.

Tech billionaire Elon Musk announced on Friday that his artificial intelligence startup, xAI, acquired X in an all-stock ...

SAN FRANCISCO, March 28 (Xinhua) -- Elon Musk said on Friday that his startup xAI has merged with his social media platform X in an all-stock transaction.

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

Elon Musk has merged xAI, his artificial intelligence startup, with his social media company X, in an all-stock deal that ...

Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump ...

Elon Musk’s artificial intelligence company xAI has officially acquired X, the social media platform formerly known as Twitter, in an all-stock transaction that further tightens the connection between ...

Elon Musk made a shock announcement Friday that his artificial intelligence venture xAI has acquired his X social media ...

The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction.

Elon Musk announced in a post on X that his artificial intelligence company, xAI, had acquired the social media platform in ...

Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media ...