Elon Musk Sells X to His Own xAI for $33 Billion in All-Stock Deal: A Bold New Era in AI and Social Media
In a move that’s sure to break the barriers of social media and AI technology, Elon Musk sold his social media platform, X (formerly known as Twitter) to his AI company xAI for a jaw-dropping 33 billion dollars—paid in X stock. This deal supersedes many of his collaborations and could reshape the use of AI in conjunction with social media as xAI intents to fundamentally alter the operations of technology companies in the present day landscape. Musk is known for his grandiose plans after acquiring Twitter in 2022. Since taking over, he’s expressed intentions to change Twitter into an “everything” application to incorporate social media, messaging, and financial services into a single platform. While changes are yet to be implemented, selling X to is xAI his most audacious move yet. Instead of restructuring social media with AI, he intends to go above and beyond the norms by directly leveraging AI in unprecedented ways never seen before. The Entirely Equities Exchange: A...