{"id":659379,"date":"2025-03-29T05:50:46","date_gmt":"2025-03-29T02:50:46","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/elon-musk-says-xai-acquired-x\/"},"modified":"2025-03-29T05:50:46","modified_gmt":"2025-03-29T02:50:46","slug":"elon-musk-says-xai-acquired-x","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/elon-musk-says-xai-acquired-x\/","title":{"rendered":"Elon Musk says xAI acquired X"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Elon Musk\u2019s AI startup, xAI, has acquired his <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> platform X, formerly known as Twitter, in an all-stock deal, he announced in a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/elonmusk\/status\/1905731750275510312\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">post on X Friday<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">\u201cxAI has acquired X in an all-stock transaction,\u201d Musk said. \u201cThe combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).\u201d<\/p>\n<p class=\"wp-block-paragraph\">Musk went on to describe the two companies\u2019 futures as \u201cintertwined.\u201d He added, \u201cToday, we officially take the step to combine the data, models, compute, distribution and talent.\u201d<\/p>\n<p class=\"wp-block-paragraph\">The acquisition places X \u2014 the highly influential social media platform Musk purchased in 2022 under its former name, Twitter \u2014 firmly under the umbrella of Musk\u2019s AI startup, which he founded in 2023 to compete with OpenAI. While xAI\u2019s products, including its AI chatbot Grok, were tightly integrated into the X platform before this deal, Friday\u2019s acquisition further combines two of Musk\u2019s most high-profile companies.<\/p>\n<p class=\"wp-block-paragraph\">Musk \u2014 who also leads Tesla, SpaceX, and Neuralink \u2014 notes in his post that this deal values X at $33 billion (lowered from an enterprise value of $45 billion due to the company\u2019s $12 billion in debt). Musk originally purchased X for $44 billion in October 2022 and took it private. However, the valuation has swung dramatically in recent years. At one point, Fidelity valued X at less than $10 billion.<\/p>\n<p class=\"wp-block-paragraph\">In the months since the inauguration of President Donald Trump \u2014 for whom Musk aggressively campaigned and for whom Musk now serves under as a special adviser leading DOGE \u2014 X\u2019s valuation has risen, largely because investors believe the platform more influential now. Musk said in his post on Friday that X has more than 600 million active users.<\/p>\n<p class=\"wp-block-paragraph\">Musk launched xAI in 2023 and has since beefed up the startup with industry-leading AI researchers from Google DeepMind, Microsoft, and OpenAI, and built out the massive AI data centers needed to catch up with other frontier AI developers. To fuel these efforts, Musk has gone on a historic fundraising campaign, including a $6 billion funding round in December that valued the startup at $45 billion. According to Musk, xAI\u2019s valuation is now even higher, at $80 billion.<\/p>\n<p class=\"wp-block-paragraph\">xAI has largely been successful in its mad dash to catch up with OpenAI, Google DeepMind, and Anthropic. In February, the startup released Grok 3, a frontier AI model that\u2019s competitive with the industry\u2019s leading AI models on benchmarks measuring math, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/sciencee\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Science\" target=\"_blank\" rel=\"noopener\">science<\/a>, and coding.<\/p>\n<p class=\"wp-block-paragraph\">But xAI\u2019s successes have not stopped Musk from meddling with OpenAI, a startup he co-founded with Sam Altman. Musk is currently trying to thwart OpenAI\u2019s for-profit transition \u2014 which it needs to complete to secure future funding \u2014 in more ways than one. The billionaire owner of xAI has made OpenAI\u2019s for-profit transition the centerpiece of his lawsuit against OpenAI. Musk also submitted a $97 billion takeover bid for Altman\u2019s startup in February. OpenAI\u2019s board promptly rejected the idea, but it already may have driven up the market price for OpenAI\u2019s assets.<\/p>\n<p class=\"wp-block-paragraph\">One of the major advantages that xAI has over OpenAI and other startups is its access to X. The large body of posts that X has accumulated over the years gives xAI a significant advantage in the race for AI training data. Further, X gives Musk\u2019s AI startup a huge consumer <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> to reach users in.<\/p>\n<p class=\"wp-block-paragraph\">Musk has a history of blurring the lines between his many companies, which has landed him in legal trouble before. With xAI\u2019s acquisition of X, the two are now effectively one \u2014 and the move suggests that X\u2019s true value may lie in advancing Musk\u2019s broader AI ambitions.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/technology\/\" target=\"_blank\" >Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techcrunch.com\/2025\/03\/28\/elon-musk-says-xai-acquired-x\/\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk\u2019s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. \u201cxAI has acquired X in an all-stock transaction,\u201d Musk said. \u201cThe combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).\u201d Musk&#8230;<\/p>\n","protected":false},"author":1,"featured_media":659380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2025\/02\/musk-cpac-sunglasses-doge.jpg?resize=1200,977","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[77337,39394],"class_list":["post-659379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-ai","tag-elon-musk"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/659379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=659379"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/659379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/659380"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=659379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=659379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=659379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}