Elon Musk Selling X to xAI
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Forbes |
Elon Musk announced on his social media company X that xAI, his artificial intelligence startup, had bought X in an all-stock transaction.
Newsweek |
Forty-nine percent of respondents said they view Musk unfavorably, compared to only 39 percent who view him positively, according to the poll.
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Elon Musk’s Tesla surrenders EV sales crown to BYD
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The backlash against Mr Musk has included "Tesla Takedown" protests at Tesla dealerships across the US and in Europe.
BBC |
The company's range of cars faces steepened competition from Chinese firm BYD, but experts also believe Musk's controversial role in the Trump administration have had an effect too.
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Crawford won by approximately 10% of the vote share, even as groups supporting Brad Schimel—including Musk’s America PAC—spent vastly more money.
What’s going on here? With the sale of X to xAI, Musk is exchanging the investor base of the social network with that of his AI company.
Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company, in a deal that values X at $33 billion, much less than he paid for it in 2022 but a significant rebound from its moribund valuation just a few months ago.
Elon Musk announced in a post on X that his artificial intelligence company, xAI, had acquired the social media platform in an all-stock deal.
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Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday.
The suit brought by a Bucks County resident said he is owed a check for more than $20,000 after working as canvasser and soliciting signatures for the pledge.
4don MSN
Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.
Elon Musk isn't afraid to make changes. On Thursday, Musk said he plans to step down from his role in DOGE in the spring. He made more news on Friday, when he confirmed X, the former Twitter that he purchased in 2022, has been sold to xAI, his artificial intelligence company.