Elon Musk Sells X to Own AI Company for $33 Billion

Elon Musk has announced that his artificial intelligence startup, xAI, has acquired X. (Credit: Lionel Bonaventure/Getty Images)

Elon Musk has announced that his artificial intelligence startup, xAI, has acquired X—formerly known as Twitter—in an all-stock deal valuing the social media platform at $33 billion.

Musk shared the news in a post on X, explaining that the move will integrate the social media giant with xAI to enhance AI-driven experiences.