Tag: Grok

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lElon Musk’s xAI Acquires X in $80 Billion Deal, Signaling Bold AI-Social Media Fusion

Elon Musk’s xAI has acquired X (formerly Twitter) in an all-stock deal announced on March 28, 2025, valuing xAI at $80 billion and X at $33 billion after accounting for $12 billion in debt. The move aims to blend xAI’s AI innovations, like the Grok chatbot, with X’s platform to enhance user experiences and accelerate human progress, following Musk’s 2022 purchase of Twitter for $44 billion.

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