Posted inArtificial Intelligence E-Commerce Mergers, Acquisitions and Divestitures Musk, Elon Social Media X (Formerly Twitter) X.ai Inc
Elon Musk Says He Has Sold X to His A.I. Start-Up xAI
The deal combined two of Mr. Musk’s companies, which have been on different trajectories. The transaction valued xAI at $80 billion and X at $30 billion, the billionaire said.