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Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper

XAI got X in the All-Stock treatment. The Group is estimated at 80 billion dollars and X at 33 billion dollars ($ 45 billion less than 12 billion dollars).

Since its foundation two years ago, Xai has become one of the world’s leading AI laboratories, and the construction of data models and centers at an unprecedented speed.

X is the digital city field where more than 600 meters of active users go to find the source of the truth in the actual time, and in the past two years, it has been converted into one of the most efficient companies in the world, which puts it in a developmental developmental development situation.

The future of Xai and X. Today, we take the step officially to combine data, models, account, distribution and talent. This mixture will open tremendous potential by mixing the advanced Xai advanced intelligence capacity with the huge X. The joint company will provide more intelligent and meaningful experiences for billions of people while maintaining our basic mission of searching for truth and progressing in knowledge. This will allow us to build a platform that does not only reflect the world, but also speeds up the activity of human progress.

I would like to realize the extremist dedication to everyone in Xai and X that brought us to this point. This is just the beginning.

Thank you for your constant partnership and support.

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