xAI Acquires X Platform: Musk's AI Empire Expands, "Just the Beginning?"
2025-03-29 / Read about 0 minute
Author:小编   

On Saturday, xAI, the AI startup helmed by Musk, revealed its acquisition of the X platform (formerly known as Twitter) in a deal valued at $33 billion. With an additional $12 billion in debt, the total worth of X now stands at $45 billion. The acquisition was structured as an all-stock transaction, positioning the merged entity, XAI Holdings, with an anticipated value exceeding $100 billion. Sources indicate that Morgan Stanley acted as the exclusive financial advisor for this groundbreaking deal.