Elon Musk’s xAI Acquires X: A Game-Changing Move in AI and Social Media Integration
Elon Musk’s xAI acquires X in a groundbreaking deal, merging AI and social media to redefine the future of technology.
Matilda
Elon Musk’s xAI Acquires X: A Game-Changing Move in AI and Social Media Integration
Elon Musk’s artificial intelligence startup, xAI, has officially acquired X (formerly Twitter) in an all-stock deal, solidifying his ambitions to merge AI with social media. This acquisition values xAI at $80 billion and X at $33 billion, reshaping the AI and social media landscape. Image:Google What the xAI-X Merger Means for the Future The deal, announced by Musk in a post on X, signifies a deeper integration between AI and social networking. Musk stated, “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” This move effectively places one of the world’s most influential social media platforms under Musk’s AI umbrella. Why This Acquisition Matters Since rebranding from Twitter to X, the platform has undergone radical transformations, including tighter AI integration. The acquisition further cements Musk’s strategy of leveraging X’s massive user base to train AI models, refine conversational AI, and introdu…