Elon Musk Merges xAI with X in $113B Deal to Build AI-Powered Tech Giant

Elon Musk’s artificial intelligence company xAI has officially acquired his social media platform X (formerly Twitter) in a major all-stock deal, valuing the combined entity at $113 billion. The deal values X at $33 billion, excluding its $12 billion debt, and xAI at $80 billion. Musk originally bought Twitter in 2022 for $44 billion.

Launched two years ago, xAI has rapidly emerged as a global leader in AI development, known for building powerful AI models and data centers at impressive speed and scale. Meanwhile, X has evolved into a highly efficient digital platform with over 600 million active users, serving as a go-to source for real-time news and communication. The platform’s transformation under Musk’s leadership positions it for continued global growth.

The merger unites xAI’s advanced artificial intelligence capabilities with X’s vast user base and robust distribution channels. Musk emphasized that the futures of both companies are "deeply connected," and the integration of their technologies, data, computing power, and talent will accelerate innovation. The goal is to deliver smarter, more impactful experiences and contribute meaningfully to human progress.

Musk highlighted that the combined company will stay true to its mission of truth-seeking and knowledge advancement. He envisions a platform that not only reflects global events but also plays a vital role in shaping the future through cutting-edge AI.

Expressing gratitude to the teams behind both companies, Musk acknowledged their dedication and resilience in making this vision a reality. He also thanked partners and supporters, signaling confidence in what’s to come as this AI-media powerhouse begins its next chapter.

This strategic move cements Musk’s vision of integrating social media and artificial intelligence to create a next-generation tech ecosystem.