National Times, March 30, 2025: Elon Musk has announced the sale of his social media platform, X (formerly known as Twitter), to his artificial intelligence company, xAI, in a $33 billion all-stock deal. Musk stated that this merger aims to combine xAI’s advanced AI capabilities with X’s extensive user base, enhancing user experiences and accelerating human progress.
The transaction values xAI at $80 billion and X at $33 billion, with an additional $12 billion in debt, bringing X’s total valuation to $45 billion. Musk, who acquired Twitter for $44 billion in 2022 and rebranded it as X in 2023, highlighted that this integration will allow the combined entity to leverage data, models, compute resources, distribution channels, and talent from both organizations.
The merger is expected to create more meaningful experiences for users by blending xAI’s AI expertise with X’s massive reach. However, specific details about how X’s leadership and operations will be integrated into the new company remain unclear.
