The world’s richest person announced on Friday that he has combined two of his multi-billion-dollar companies. Here’s how ...

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. Both companies are privately held, which ...

Musk says this move is ‘blending xAI’s advanced AI capability and expertise with X’s massive reach.‘ ...

Musk’s decision to merge the businesses is a win for X investors, who have endured more than two years of uncertainty since ...

Elon Musk said on Friday that he's combining two of his companies, xAI and X, into a single entity. In a post on X, Musk said xAI is the acquirer, valued at $80 billion in the deal, while X is valued ...

Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform ...

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 Elon Musk has sold social media site X to ...

Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media ...