CNBC:

Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B  —  Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media company at $33 billion.

CNBC:

Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B  —  Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media company at $33 billion.

Source: TechMeme
Source Link: http://www.techmeme.com/250328/p28#a250328p28