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Technology Mar 29, 2025

xAI, Elon Musk's AI company, just purchased X, Elon Musk's social media company

Elon Musk's AI company, xAI, has purchased X, according to a post shared by Musk. Besides their similar names and owner, the companies are already connected through xAI's chatbot Grok, which is integrated into X. X was acquired by xAI through an all-stock transaction. "The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt)," Musk writes...

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