Elon Musk says he sold X to his AI company

  • CNN
  • March 28, 2025
CNN

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Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company, in a deal that values X at $33 billion.

"xAI and X's futures are intertwined," Musk said in a post on X. "Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach."

This is a developing story and will be updated.

https://edition.cnn.com/2025/03/28/business/elon-musk-sells-x-to-xai/index.html