Close Menu
InfoQuest Network
  • News
  • World
    • United States
    • Canada
    • Europe
    • Asia
    • Latin America
    • Australia
    • Africa
  • Politics
  • Business
    • Personal Finance
    • Finance
    • Markets
    • Startup
    • Investing
    • Innovation
    • Billionaires
    • Crypto
  • Tech
  • Lifestyle
  • Sports
  • Travel
  • More
    • Science
    • Entertainment
    • Health & Wellness
    • Immigration
Trending

Regional Powers Confront Each Other as Israel Strikes Syrian Territory to Protect Vulnerable Druze Civilians

July 18, 2025

Trump Administration Offers Up to $50K Bonuses for Former ICE Agents to Return to Agency

July 18, 2025

Flight Cancellations Spike This Summer Due to Weather and Technical Issues — Discover NYC’s Struggles

July 18, 2025
Facebook X (Twitter) Instagram
Smiley face Weather     Live Markets
  • Newsletter
  • Advertise
Facebook X (Twitter) Instagram YouTube
InfoQuest Network
  • News
  • World
    • United States
    • Canada
    • Europe
    • Asia
    • Latin America
    • Australia
    • Africa
  • Politics
  • Business
    • Personal Finance
    • Finance
    • Markets
    • Startup
    • Investing
    • Innovation
    • Billionaires
    • Crypto
  • Tech
  • Lifestyle
  • Sports
  • Travel
  • More
    • Science
    • Entertainment
    • Health & Wellness
    • Immigration
InfoQuest Network
  • News
  • World
  • Politics
  • Business
  • Finance
  • Entertainment
  • Health & Wellness
  • Lifestyle
  • Technology
  • Travel
  • Sports
  • Personal Finance
  • Billionaires
  • Crypto
  • Innovation
  • Investing
  • Markets
  • Startup
  • Immigration
  • Science
Home»News»Elon Musk Confirms Sale of X to xAI
News

Elon Musk Confirms Sale of X to xAI

News RoomBy News RoomMarch 28, 20250 ViewsNo Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email Reddit Telegram WhatsApp

Elon Musk announced on Friday that he had sold his social media company, X, to the artificial intelligence start-up he founded in 2023, xAI. The all-stock deal valued xAI at $80 billion and X at $30 billion, raising potential conflict-of-interest questions due to the unusual arrangement. The sale of X to xAI represents a significant discount from the $44 billion that Musk originally paid for the social media company in 2022, but Musk emphasized that the future of both companies is intertwined.

In a statement, Musk indicated that the combined company will leverage the data, models, compute, distribution, and talent of both entities to deliver more intelligent and meaningful experiences to billions of people while remaining committed to the core mission of seeking truth and advancing knowledge. The collaboration between xAI and X is not entirely new, as the two companies have already been sharing significant resources. xAI uses data posted by X users to train its artificial intelligence models, and some engineers are shared between the two entities. Additionally, xAI’s chatbot, Grok, has been available to paying X subscribers.

Bankers for X recently disclosed to investors that some of the social media company’s revenue was derived from xAI, further indicating the close relationship between the two companies. As this is a developing story, it is advised to check for updates on the situation. The sale of X to xAI represents a strategic move by Musk to consolidate resources and talent in the fields of artificial intelligence and social media, potentially positioning the combined company as a major player in the tech industry.

Kangen Water

Musk has been at the forefront of innovation in various sectors, with his ventures like Tesla and SpaceX garnering significant attention and success in recent years. By bringing together xAI and X, Musk aims to create a more integrated and efficient platform that leverages the strengths of both companies. The sale of X to xAI at a lower valuation than its original purchase price reflects Musk’s strategic decision to prioritize the long-term potential of the combined entity over short-term financial gains.

The integration of xAI’s artificial intelligence capabilities with X’s social media platform holds promise for providing users with more personalized and engaging experiences. By combining data, models, and talent from both companies, the new entity aims to deliver innovative solutions that drive meaningful advancements in the fields of technology and communication. Musk’s vision for the future of xAI and X emphasizes a commitment to seeking truth and advancing knowledge, positioning the combined company as a leading player in the digital landscape.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Telegram WhatsApp

Related News

Trump Administration Offers Up to $50K Bonuses for Former ICE Agents to Return to Agency

July 18, 2025

Luis Robert Jr. Trade? Here’s Why the Latest Reds Trade Rumors Are Spot On

July 18, 2025

Justice Department Requests Manhattan Court to Release Epstein Grand Jury Testimony

July 18, 2025

Astronomer CEO Andy Byron and HR Chief Kristin Cabot Placed on Leave Following Coldplay Kiss Cam Incident Alleging Affair: Report

July 18, 2025

The Buccaneers Season 2, Episode 6: Release Date, Viewing Schedule, and Streaming Details

July 18, 2025

Bolsonaro, Former President of Brazil, Required to Wear Ankle Monitor Prior to Trial

July 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Top News

Trump Administration Offers Up to $50K Bonuses for Former ICE Agents to Return to Agency

July 18, 2025

Flight Cancellations Spike This Summer Due to Weather and Technical Issues — Discover NYC’s Struggles

July 18, 2025

California Wildfire Survivors Confront Challenges as Corporations and Investors Move In

July 18, 2025

Subscribe to Updates

Get the latest news and updates directly to your inbox.

Advertisement
Kangen Water
InfoQuest Network
Facebook X (Twitter) Instagram YouTube
  • Home
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 Info Quest Network. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.