Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B (CNBC)

CNBC: Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B  —  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 company at $33 billion.

Mar 28, 2025 - 23:57
 0
Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B (CNBC)

CNBC:
Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B  —  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 company at $33 billion.