Billionaire entrepreneur Elon Musk has unveiled a groundbreaking development, revealing that his artificial intelligence startup, xAI, has successfully acquired X Platform in an all-stock transaction. This move marks a significant shift for the company formerly known as Twitter. Musk disclosed on X that the deal values xAI at $80 billion and X Platform at $33 billion, which represents a net value of $45 billion after accounting for $12 billion in debt.
