Elon Musk just sold X, the social network formerly known as Twitter, to himself? Well, kind of. Musk, in a post on X Friday, ...

Billionaire entrepreneur Elon Musk has announced the merger of his artificial intelligence startup, xAI, with his social media platform, X, ...

Both companies are privately held, which means they are not required to disclose their finances to the public.

Vaxart (NASDAQ:VXRT – Get Free Report) had its price target decreased by stock analysts at B. Riley from $2.50 to $2.00 in a ...

Since both companies are privately held and under Musk’s control, the transaction likely involved a stock swap, compensating ...

Elon Musk said Friday that his artificial intelligence startup, xAI, had acquired his social media platform, X. He said that ...

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 ...

For most of Musk’s tenure as X’s owner, the social networking company was believed to be valued well below the $44 billion ...

Billionaire Elon Musk said his xAI artificial intelligence startup has acquired the X platform for $33 billion, marking a ...

Musk bought Twitter Inc. in 2022 for about $44 billion and renamed it to X shortly thereafter. He launched xAI the following ...

This deal values xAI at $80 billion and X at $33 billion, and gives xAI access to 600 million potential AI chatbot users, ...