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 ...

Elon Musk's own artificial intelligence company xAI has purchased the social networking platform X in an all-share deal. Read ...

Musk says this move is ‘blending xAI’s advanced AI capability and expertise with X’s massive reach.‘ ...

Sure enough, we quickly learned that the new valuation had little to do with improved financials at X and was instead based on Musk pushing for xAI to buy X at $45 billion through an all-stock ...

Elon Musk announced in a post on X that his artificial intelligence company, xAI, had acquired the social media platform in ...

Equity owners in X included Musk himself, along with Oracle founder Larry Ellison, Twitter co-founder Jack Dorsey, investor ...

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