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Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B (Elon Musk/@elonmusk)
Elon Musk / @elonmusk: Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B — @xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at
Elon Musk / @elonmusk:
Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B — @xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at
