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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.

Kate Conger
Author: Kate Conger

Written by

Kate Conger

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Artificial Intelligence, E-Commerce, Mergers, Acquisitions and Divestitures, Musk, Elon, Social Media
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