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

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

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 ...

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

Both companies are privately held, which means they are not required to disclose their finances to the public.

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

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 ...

Billionaire Elon Musk said his xAI artificial intelligence startup has acquired the X platform for $33 billion, marking a ...

Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump ...

Elon Musk’s xAI artificial intelligence startup has purchased the tech billionaire’s X social media company at a $33 billion ...