Elon Musk announced on Friday that his company Xai buys X, the social media platform previously known as Twitter, in a deal from all stocks. XAI treatment is estimated at $ 80 billion and x at a price of $ 33 billion, according to L. CNBC.
“Xai X has acquired the All-Stock Treatment. Xai group is estimated at $ 80 billion and X at 33 billion dollars (less than $ 45 billion dollars of $ 12 billion),” MUSK tweet on Friday evening.
He bought Musk Twitter in October 2022 for about 44 billion dollars, change the company’s name to X, and the basis of Xai after only five months as an artificial intelligence company. MUSK tweet that announces the sale is called X “The Source of Truth in Real Time” for 600 million active users worldwide.
In fact, the musk changes on Twitter turned into hotbed of extremist right-wing extremism, where the new Nazi Nazis and organizers who were banned one-from Nick Fuentes to Alex Jones-another time were welcomed by open arms. Musk had said earlier that he would not repeat Jones, who was banned in 2018, but it seems that he changed his opinion about a year after purchasing the site.
MUSK clearly sees an opportunity for his company on social media and artificial intelligence companies better, perhaps because the X brand has become very toxic for ordinary people. According to what was reported, the traffic decreased in X after the 2024 presidential elections.
“Xai and X -Futures are intertwined, today, we take the step officially to combine data, models, account, distribution and talent. This mixture will open the enormous capabilities by mixing the advanced artificial intelligence capacity of XAI with X.
Musk truly tried to confirm that his companies revolve around “truth”, which contradicts his repeated lies and disturbing his activities with Dog. Only yesterday, Musk said that he would give people more money, which has no authority at all.
“The joint company will provide more intelligent and meaningful experiences for billions of people while preserving our basic mission of searching for truth and progressing in knowledge,” says Musk’s cluster. “This will allow us to build a platform that does not only reflect the world, but also speeds up the activity of human progress.”
Musk closed a tweet by using one of his favorite words, “hardcore”, to thank the employees of both companies.
“I would like to realize the extremist dedication to everyone in Xai and X who brought us to this point. This is just a beginning. Thank you for your partnership and your continuous support,” Mousse wrote.
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