Elon Musk Finalizes xAI Acquisition of X Social Media Platform

March 28, 2025, 5:20 pm

Multiple reports detail how Elon Musk’s AI venture, xAI, has acquired his social media platform formerly known as Twitter, with the deal structured entirely in stock. The transaction is valued around $33 billion and is being touted as a major realignment

techcrunch.com / Elon Musk’s xAI buys X

Welcome back to Week in Review! Elon Musk says that xAI bought X in an all-stock deal; a16z-backed 11x faked some customers; the Lumon Terminal Pro pops up on Apple’s website; and much more. Let’s dig in! xAI buys X: X owner Elon Musk announced on X on Friday that xAI acquired X in an […]

techcrunch.com / Elon Musk says xAI acquired X

Elon Musk announced that his AI startup, xAI, acquired social platform X (formerly Twitter) in an all-stock deal, valuing xAI at $80B and X at $33B after subtracting $12B of debt.

techspot.com / Musk merges startup xAI and Twitter, betting on AI to revitalize social media

In a post on X, Musk stated, "The futures of xAI and X are interconnected. Today, we officially take the step to merge our data, models, computing power, distribution, and talent."Read Entire Article

the-decoder.com / Elon Musk merges xAI and X in all-stock deal

Elon Musk's artificial intelligence company xAI is acquiring social media platform X in an all-stock transaction. The article Elon Musk merges xAI and X in all-stock deal appeared first on THE DECODER.

winbuzzer.com / xAI Swallows X in $33 Billion Deal as Musk Aims to Fuse AI with Social Media Reach

xAI has acquired X in a $33B deal, putting Grok AI at the center of Elon Musk’s plan to merge generative AI with social media and monetization tools. The post xAI Swallows X in $33 Billion Deal as Musk Aims to Fuse AI with Social Media Reach appeared first on WinBuzzer.

techinasia.com / Musk’s xAI buys X social media platform for $33b

Both companies plan to combine resources such as data, computational power, and talent.

apnews.com / Elon Musk sells X to his own xAI for $33 billion in all-stock deal

Elon Musk sold social media platform X to his AI firm xAI in a $33B all-stock deal, valuing xAI at $80B and X at $33B. The move aims to combine AI capabilities with X's reach to deliver smarter, more meaningful experiences and advance knowledge.

cnbc.com / Elon Musk must face Twitter shareholders’ lawsuit over alleged securities fraud

A proposed class-action lawsuit against Elon Musk and his family office Excession can proceed in federal court, a judge ruled Friday.

arstechnica.com / Elon Musk’s X has a new owner—Elon Musk’s xAI

xAI buys X; deal values social network at $33 billion, $11B less than Musk paid.

bloomberg.com / Musk Loses Bid to Thwart Investor Suit Over Twitter Purchase

Elon Musk faces a lawsuit accusing him of stock manipulation before buying Twitter, alleging he hid his stake, misled investors with tweets, and failed to disclose key info to the SEC. A Manhattan judge has allowed the securities fraud claims to proceed.

bgr.com / Elon Musk sold his social network X to his artificial intelligence company xAI

Elon Musk’s attempts to buy OpenAI have been unsuccessful, but one of his companies made an equally surprising acquisition this week. Elon Musk revealed on … The post Elon Musk sold his social network X to his artificial intelligence company xAI appeared first on BGR.

wired.com / Elon Musk’s xAI Acquires X, Because of Course

Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk's AI startup xAI.

gizmodo.com / Elon Musk’s AI Company xAI Buys Elon Musk’s Social Media Platform X

The Elon Musk-centered deal is expected to be good for Elon Musk.

wsj.com / Musk Merges His AI Company With X, Claiming Combined Valuation of $113 Billion

Elon Musk’s artificial-intelligence startup xAI has acquired X, the social-media platform he also owns, in an all-stock transaction, he said.

cnbc.com / Elon Musk says xAI has acquired X in deal that values social media site at $33 billion

In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.

theverge.com / Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper

Elon Musk's xAI acquired Twitter, now rebranded as X, in an all-stock deal, valuing xAI at $80 billion and X at $33 billion.

bloomberg.com / Musk Says That His xAI Startup Has Acquired X for $33 Billion

Elon Musk announced his xAI startup acquired X (formerly Twitter) in an all-stock deal for $33 billion. He valued xAI at $80 billion and, including $12 billion of debt, X at $45 billion.

techcrunch.com / Elon Musk says xAI acquired X

Elon Musk announced on X that his AI startup, xAI, has acquired X (formerly Twitter) in an all-stock deal. xAI is valued at $80B, while X is valued at $33B (or $45B minus $12B in debt).

18 stories from 14 sources in 20 days ago ... #ai #startups #innovation #techpolicy #big-data #cloud-computing #ml #vc #apple

Related Tags

Elon Musk Finalizes xAI Acquisition of X Social Media Platform

Related Tags

Artificial Intelligence

Startups

Innovation

Tech Policy

Big Data

Cloud Computing

Machine Learning

Cryptocurrency

Venture Capital

Apple