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Monday, April 14, 2025

The xAI-X Deal Is A $33 Billion Windfall For Elon Musk

On Friday evening, Elon Musk announced on his social media company X that xAI, his artificial intelligence startup, had bought X in an all-stock transaction. According to Musk, the deal values the newly combined company called xAI Holdings at $113 billion. The move to combine X and xAI invites …

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