The world’s richest person announced on Friday that he has combined two of his multi-billion-dollar companies. Here’s how ...

Elon Musk’s artificial-intelligence startup xAI has acquired X, the social-media platform he also owns, in an all-stock deal ...

Musk’s decision to merge the businesses is a win for X investors, who have endured more than two years of uncertainty since ...

Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform ...

What’s going on here? With the sale of X to xAI, Musk is exchanging the investor base of the social network with that of his ...

Elon Musk’s artificial intelligence company, xAI, has purchased the social networking platform X (formerly Twitter), which ...

Musk bought Twitter Inc. in 2022 for about $44 billion and renamed it to X shortly thereafter. He launched xAI the following ...

The merger will “combine the data, models, compute, distribution and talent” of the two companies, according to Elon Musk. In particular, Grok AI is expected to expand on X.

Tesla Inc. (TSLA, Financials) shares fell 3.5% Friday and extended losses by another 6% in premarket trading Monday after CEO ...

Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.

Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of ...