Musk’s xAI buys his social media platform X

Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter.In an X post Friday, Musk said the all-stock transaction values xAI at $80bn (£61.8bn) and X at $33bn. Musk paid $44bn for Twitter in 2022.

Source: Musk’s xAI buys his social media platform X