Musk’s xAI buys his own social network X. Why?
Elon Musk’s AI startup xAI has acquired his other company, X, in an all-stock deal. He said the transaction values xAI at $80 billion and X at $33 billion ($45 billion less $12 billion of debt). @xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 […]