Once again, the Tesla boss has proved he’s different from the rest. In a shocking move, Musk announced that he has sold X! Before people could even process the news, he dropped a major twist that left everyone stunned. Turns out, X wasn’t sold to an outsider—it was sold to his own startup! Musk made this announcement directly on X.
He stated that X was sold for $33 billion, but here’s the kicker—the company that bought it is now valued at a whopping $80 billion! And the buyer? xAI, Musk’s own AI startup. According to him, integrating cutting-edge AI into X will unlock massive new possibilities.
Musk founded xAI last year to take on ChatGPT. Now, he’s making it clear that X and xAI are deeply connected, and by merging their data models, he aims to create something revolutionary. He believes this move will deliver an unparalleled experience for billions of users worldwide.
Right now, Musk is not only the CEO of Tesla and SpaceX but also serves as an advisor to US President Donald Trump. Back in 2022, he acquired Twitter (now X) for $44 billion. Fast forward two years, and he’s “sold” it for $33 billion—but to his own company! With this masterstroke, he’s not just shifted ownership; he’s instantly boosted xAI’s valuation to $80 billion.
This post was last modified on 29 March 2025 10:48 am
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