Musk: xAI acquired X in an all-stock deal, valuing the two at $80 billion and $33 billion, respectively
2025-03-28 21:50:30
Musk posted on X that xAI acquired X in an all-stock deal. The deal values xAI at $80 billion and X at $33 billion, or $45 billion minus $12 billion in debt.
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