Tesla CEO Elon Musk Says xAI Has Bought X In Deal That Values His Social Site At $33 Billion

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Tesla (TSLA) CEO Elon Musk said late Friday that his artificial intelligence startup xAI has bought his social site X in a stock deal valuing the latter at $33 billion. The deal also values xAI at $80 billion, Musk said. Musk wrote on X: “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data,…

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