The acquisition was an all-stock transaction for $45 billion with the combined company now valued at $80 billion, according ...

Elon Musk founded xAI in 2023, and he is the primary owner and driving force behind the company. xAI is a private company ...

Elon Musk on Friday announced that xAI has acquired X, platform formerly known as Twitter, in an all-stock transaction for $45 billion, including debt. The 53-year-old further added that the ...

Elon Musk announced that xAI has acquired X, formerly known as Twitter, according to a post on the social media platform. The acquisition was an all-stock transaction for $45 billion, including $ ...