Elon Musk's xAI Buys Social Media Platform 'X' For $33 Billion

The all-stock deal announced on Friday combines two of Musk's multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musk's ability to train his AI model known as Grok.

Mar 30, 2025 - 00:30
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Elon Musk's xAI Buys Social Media Platform 'X' For $33 Billion
The all-stock deal announced on Friday combines two of Musk's multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musk's ability to train his AI model known as Grok.

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