{"id":158750,"date":"2025-03-29T04:01:02","date_gmt":"2025-03-29T04:01:02","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/03\/29\/elon-musk-sells-x-in-33-billion-deal-to-his-ai-startup\/"},"modified":"2025-03-29T04:01:02","modified_gmt":"2025-03-29T04:01:02","slug":"elon-musk-sells-x-in-33-billion-deal-to-his-ai-startup","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/03\/29\/elon-musk-sells-x-in-33-billion-deal-to-his-ai-startup\/","title":{"rendered":"Elon Musk Sells X in $33 Billion Deal to His AI Startup"},"content":{"rendered":"


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Elon Musk<\/strong><\/a> has sold X in a $33 billion deal to his AI startup company almost three years after buying Twitter and rebranding it.<\/p>\n

Musk, 53, announced the deal via a statement posted on his X account<\/a> on Friday, March 28.<\/p>\n

\u201cThe combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt),\u201d Musk wrote. \u201cSince its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale.\u201d<\/p>\n

He continued, \u201cX is the digital town square where more than 600M active users go to find the real-time source of ground truth and, in the last two years, has been transformed into one of the most efficient companies in the world, positioning it to deliver scalable future growth.\u201d<\/p>\n

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\n Related: <\/span>Elon Musk’s Family Guide: Meet His Children and Their Mothers<\/span><\/a>
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\n\t\t\t\u00a0Elon Musk has welcomed many children over the years with Justine Wilson, Grimes, Shivon Zilis and Ashley St. Clair, respectively. The entrepreneur wed Wilson in January 2000, and the former couple welcomed son Nevada two years later. The newborn died of Sudden Infant Death Syndrome at 10 weeks. The duo went on to conceive twins [\u2026]\t\t<\/p>\n<\/div>\n

The news comes more than a year after Musk\u2019s startup created Grok, an AI-powered chatbot similar to ChatGPT.<\/p>\n

Musk added it was time to \u201ctake the step to combine the data, models, compute, distribution and talent.\u201d<\/p>\n

In April 2022, the Tesla CEO reached a deal to buy Twitter<\/a> for about $44 billion.<\/p>\n

\u201cFree speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,\u201d Musk said in a press release at the time.<\/p>\n

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Musk shared his plans for big changes in the press release confirming the purchase.<\/p>\n

\u201cI also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans,\u201d he explained. \u201cTwitter has tremendous potential \u2013 I look forward to working with the company and the community of users to unlock it.\u201d<\/p>\n

There have been changes in Musk\u2019s personal life recently, too. The businessman welcomed his fourth child<\/a> with Shivon Zilis<\/strong> in February, which is his 14th child overall.<\/p>\n

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\n Related: <\/span>Elon Musk Welcomed 13th Child 5 Months Ago With Ashley St. Clair<\/span><\/a>
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\n\t\t\tElon Musk has welcomed his 13th child, who was born five months ago, according to author Ashley St. Clair. St. Clair, who is best known for her children\u2019s book Elephants Are Not Birds, announced the news via an X post shared on Friday, February 14. \u201cFive months ago, I welcomed a new baby into the [\u2026]\t\t<\/p>\n<\/div>\n

Musk already shares three children with the Neuralink executive: Arcadia, who was born in early 2024 and twins Strider and Azure, both born in November 2021.<\/p>\n

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