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Elon Musk Sold X to xAI for 33 Billion Dollars

An image related to Elon Musk's new social media platform X.

Elon Musk announced that he sold the social media platform X to xAI for 33 billion dollars. This sale is seen as a significant step to support Musk's goals in the field of artificial intelligence.

Musk stated that this sale would combine xAI's advanced artificial intelligence capabilities with X's vast reach, creating great potential. The value of X was determined to be 33 billion dollars.

Musk revealed that xAI has an 80 billion dollar valuation and that X has a debt of 12 billion dollars. This situation presents an important opportunity for xAI's growth strategies.

Musk emphasized that X has over 600 million active users and that this platform has recorded significant growth over the past two years. The merger of xAI and X will further enhance user experience.

Elon Musk stated that this merger is just the beginning and will unlock xAI's potential in the field of artificial intelligence. They aim to provide smarter and more meaningful experiences in the future.

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