x stock - usa updates

Merger Creates AI-Powered Social Media Giant Valued at $113 Billion Combined

Game-Changing Merger in Tech and AI

Elon Musk’s artificial intelligence company, xAI, has finalized a historic acquisition of social media platform X (formerly Twitter) in an all-stock transaction worth 33 billion $33 bi ll i o n . T h e d e a lp os i t i o n s t h eco mbin e d e n t i t y a s a d o minan t f orce in A I - d r i v e n soc ia l n e tw or kin g, w i t h x A I v a l u e d a t$ 80 billion and X at $33 billion.