Elon Musk has sold social media platform X to his xAI company in a $33 billion all-stock deal. The acquisition aims to merge ...

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

Elon Musk has opted to merge his AI firm xAI with his social media company X in an all-stock transaction. This decision has ...

Fintech banking startup Mercury says it has more than doubled its valuation to $3.5 billion after raising $300 million in its latest funding round. A portion of the funding raised will go toward a ...

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

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

Elon Musk has announced a significant strategic move, merging his artificial intelligence startup, xAI, with his social media ...

Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values ...

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

Billionaire Elon Musk says his xAI artificial intelligence startup has acquired the X platform at a valuation of US$33bil , marking a surprise twist for the social network formerly known as Twitter.

AI has acquired the social media platform X (formerly known as Twitter) in an all-stock transaction valued at $45 billion, which includes ...

Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of ...