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Arry Hashemi
Arry Hashemi

Elon Musk’s $45 Billion Megamerger: xAI Swallows X

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In a landmark move that reshapes the technological landscape, Elon Musk's artificial intelligence company, xAI, has acquired the social media platform X in an all-stock transaction valued at $45 billion, including $12 billion in debt. This strategic consolidation underscores Musk's ambition to intertwine AI advancements with social media, aiming to revolutionize user experiences and solidify his influence across both domains.