Elon Musk merges xAI with X to distract from Twitter debt disaster and Donald Trump backlash

Quick Summary:

In a surprise announcement, Musk revealed that his AI company xAI has officially merged with X (formerly known as Twitter) in an all-stock transaction.

Elon Musk just announced a wild move that might be less about innovation and more about survival.

The Tesla CEO says the deal values xAI at $80 billion and X at $33 billion after subtracting a massive $12 billion in debt.

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Article Details

Author / Journalist: Brian Fagioli

Category: Technology

Markets: United States

Topics: Artificial Intelligence XAI X Google Article Donald Trump Tech News Twitter Elon Musk Social Media AI merger

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 23:51:12 (6 days ago)

News Timezone: GMT +8:00

News Source URL: betanews.com

Language: English

Article Length: 352 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BetaNews

News ID: 27537323

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