World Finance
March 31, 2025
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Elon Musk’s xAI Acquires Social Media Platform X in Landmark $33 Billion Deal

Elon Musk has once again made headlines with a groundbreaking move—his artificial intelligence company, xAI, has officially acquired the social media platform X (formerly Twitter) in an all-stock transaction valued at $33 billion. This strategic merger aims to integrate xAI’s advanced AI capabilities with X’s vast user base, unlocking immense potential for both companies. The […]