Elon Musk sells X to his own AI company xAI in $33 billion stock deal
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Mar 28, 2025
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Elon Musk announcing xAI acquiring X in an all-stock transaction. The deal valuing xAI at $80B and X at $33B. @jboorstin reports: | CNBC Fast Money
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Elon Musk says xAI has acquired X in $45 billion all-stock deal: Here's what we know
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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. Read more: cnb.cx/4c66kQ2 | CNBC
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