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Elon Musk's xAI Acquires Social Media Giant X for $33 Billion
2025-03-30 /
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Author：小编
Elon Musk's innovative venture, xAI, has announced the acquisition of the prominent social media platform X, with the intention of bolstering the functionalities of its advanced chatbot, Grok. This landmark deal has propelled X's valuation to a staggering $33 billion, resulting in an estimated combined worth of $80 billion following the merger. Nonetheless, specifics regarding the agreement, such as the integration strategy for X's management team and the status of regulatory approvals, remain shrouded in uncertainty. The transaction has garnered substantial interest from investors worldwide. Additionally, Musk finds himself entangled in legal controversies, facing allegations of defrauding former Twitter shareholders.
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