Elon Musk says Xai purchased X

The initiated Ion musk, xai, purchased his platform “The social social X, first known in a dealer, announced in a post on X Friday. I am

“Xai has purchased X in an all-stock transaction”, he said MUSK. “Xai combination values ​​in $ 80 billion and x to $ 33 billion ($ 45b fewer than $ 12b’s debt).”

Musk passed to describe the “futures” firms “. Added,” Obethcposing steps to fix data, models, compute, distribution and talent. “

The acquisition of x-posts – the mug of highly influential social achieved in his or her old name of his old one to stop the inname of the inname of the 2023 to compel. While Xai products, including his ai chatbot Grook, they were closely integrated in the black platform before this deal

According to the postings including Wall Street Journal, X and Xai will be exchanged for actions of a new held company Call Xai Holdings Corp. The WSJ also reports that executives to the two companies believed that would be easier to collect money for a combined entity.

Musk – which MUSK initially ordered X for $ 44 billion in October 2022 and took private. However, the rating is turned dramatically in the past few years. In a point, fideliness rated x to fewer than $ 10 billion. I am

In the months from the inauguration of Donald Trump – for which housewife and for which Mong is now under a special advice adviser X’s rating raisedwidely because investors create the most influential platform now. Musk said in their place on Friday that x has more than 600 million active users.

Musk launched Xai in 2023 and he has placed that he raised the startup with the air of the ai of the meal of industry from Google Deepmind, Microsoft, and Open and built the CASSIAL Data Centers needed to join with other boundaries of boundaries. To feed these efforts, muscle went in a historical fundraising campaign, including a $ 6 billion financing in December that rated the Startup to $ 45 billion. I am According to the Muschy, XI valuation is now higher, $ 80 billion.

Xai traveled in his mad at fools to get along with Openai, Google Deepmind, and anthropic. In February, the principle released grok 3A border pattern that is competitive with the pattern ai Leading Air on the bench-squeeze of Materie, science, and coded.

But xi successes have not stopped moving from iddling with open, a seasoned he co-founded with Sam Altman. Musk is currently tried to the Transition for the opinion of the opponion of the oppreia and he needs to complete to ensure funding funding – in more modes of one. Xai Billionaary owner has done The transition for the profit of Open the center of their protection against Openai. I am Musk also submitted a $ 97 Billion offer for the start of the Altman in February. The Openai Council refused the idea, but already can drive market price for open assets. I am

One of the major perks that Xai has too much Open and other Startups is his access to X. The large body of places that x is accumulated over the years to give a significant base in the training race. Also, x gives the stage a musk to a huge consumer app to reach users in.

Musk has a history of blurging and lines between their many companies, who has landed in legal problems before. I am With Xai’s acquisition, both are actually one – and the movement suggests that the real X value is in advance the most basic musk ambitions.

This story has been updated with additional details on the structure of agreement.