Friday, 28 March 2025

"Elon Musk Reveals X Sold to AI Firm—Who Really Owns xAI Now?"

Elon Musk’s xAI Acquires X in $45 Billion Deal—Merging AI, Social Media, and Big Tech’s Future"

In a groundbreaking move, Elon Musk has announced that his artificial intelligence company, xAI, has officially acquired X (formerly Twitter) in an all-stock transaction valued at $45 billion, including debt. With this merger, the combined entity is now estimated to be worth $80 billion, marking one of the most significant shifts in the AI and social media industries.

Musk, who founded xAI in 2023, emphasized that this deal is more than just an acquisition—it represents the full integration of AI-driven data, models, computing power, distribution, and top-tier talent. “xAI and X’s futures are intertwined. Today, we officially take the step to combine our resources to deliver smarter, more meaningful experiences to billions while staying true to our core mission of seeking truth and advancing knowledge,” Musk wrote in a post on X.

This move further cements Musk’s influence in the tech landscape, as he continues to push the boundaries of artificial intelligence, social media, and digital innovation. The merger raises several questions about the future of X as a platform, especially as AI becomes more integrated into its ecosystem.

Who Owns xAI and X Now?

Elon Musk remains the primary owner and driving force behind xAI, a private company focused on building advanced AI systems. While public details about additional stakeholders in xAI are scarce, Musk has positioned it as a competitor to OpenAI, Google DeepMind, and other AI giants.

On the other hand, X Corp., which was formed after Musk’s acquisition of Twitter in 2022, is a private tech company wholly owned by X Holdings Corp. Musk has maintained a controlling stake in X Corp., alongside leadership figures like CEO Linda Yaccarino and CFO Mahmoud Reza Banki.

This strategic acquisition is expected to redefine how AI interacts with social media, potentially revolutionizing user experiences, content moderation, and digital communication.

What’s Next for X and xAI?

With this merger, speculation is mounting about how AI-driven technologies will be embedded into X’s ecosystem. Industry experts anticipate deeper AI integrations for content generation, user engagement, and advertising. Musk has previously hinted at turning X into an “everything app,” and xAI’s acquisition could accelerate those ambitions.

As the tech world watches closely, one thing is clear: the fusion of xAI and X is set to reshape not just social media, but the future of artificial intelligence in digital platforms.

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