Elon Musk Sells X to xAI

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Elon Musk

Washington Examiner

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Technology

Elon Musk sells X to his own xAI for $33 billion in all-stock deal

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Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal.

Musk, who serves as CEO of Tesla and SpaceX, bought the site then called Twitter for $44 billion in 2022 , gutted its staff, and changed its policies on hate speech, misinformation, and user verification and renamed it X.

He launched xAI a year later .

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