Elon Musk reveals xAI has now acquired X (fka Twitter) is in a deal worth $45 billion

Businessman and CEO of X Elon Musk, on Friday revealed that xAI, his artificial intelligence startup has acquired X, his social media platform in a deal which was valued at $45 billion.

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Trump revealed the news on his own X timeline saying that the future of both platfkrms are “intertwined.” “xAI and X’s futures are intertwined,” he wrote in his post.

“This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,”Musk explained in his post.

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“The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge.”

“This will allow us to build a platform that doesn’t just reflect the world but actively accelerates human progress,” he continued.

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In 2022, Elon Musk bought Twitter for $44 billion. In November 2023, the billionaire released xAI (Grok).

@xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).

Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at…

— Elon Musk (@elonmusk) March 28, 2025