Elon Musk sells X to his own AI company Xai

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Elon Musk's artificial intelligence company XAI has officially acquired X, a social media platform formerly known as Twitter, a full-share deal that further tightens the connections between Musk's adventure companies. The deal (Musk) confirmed Friday that it was worth $80 billion and valued X at $33 billion, paying for $44 billion at $33 billion. $12 billion in debt. @xai acquired @x in an all-share transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at…— Elon Musk (@elonmusk) March 28, 2025″xAI and X's futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent,” Musk wrote on X. “This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach.” Musk added that the merger aims to build a platform that goes beyond social media, one that “doesn't just reflect the world but actively accelerates human progress.” Linda Yaccarino, CEO of X, echoed the optimism in a post of her own: “@X + @xAI The future While details on how the acquisition will affect X's daily operations (or Yaccarino's role) are unclear, the move is Musk's long-standing transformation of X into an all-inclusive platform into a full-range platform for content, payments, payments, communications, and now AI.

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