Elon Musk Sells X (Formerly Twitter) to His AI Company xAI in $33 Billion Deal

Billionaire entrepreneur Elon Musk has sold X (formerly Twitter) to his artificial intelligence company, xAI, in a $33 billion all-stock deal, marking a major shift in the social media landscape and fueling speculation about the platform’s future.

Musk, who acquired Twitter in 2022 for $44 billion, has spent the past two years revamping the platform, focusing on free speech, AI integration, and monetization strategies. The sale to xAI is seen as a strategic move to align the platform with Musk’s broader vision for artificial intelligence and digital communication.

As part of the deal, xAI will take full ownership of X, including its assets and liabilities, while also assuming $12 billion in debt. This acquisition places X at the center of Musk’s AI ambitions, with analysts predicting that the platform could undergo substantial changes in content moderation, user experience, and AI-driven innovations.

Musk’s decision has sparked widespread debate, with some experts suggesting that the deal could blur the lines between AI research and social media governance, while others see it as a bold step toward an AI-powered communication era.

The transaction is pending regulatory approval and is expected to be finalized in the coming months. As the deal unfolds, all eyes are on Musk and his plans for reshaping X into a next-generation digital platform.