๐จ Big News (or Not?) Last night, reports claimed that Elon Muskโs AI company, xAI, had inked a 1-year partnership with Telegram ๐ฑ to bring the Grok chatbot to the platform and fully integrate it into the app. ๐ค๐ฌ
As part of the alleged deal, xAI would pay Telegram a whopping $300 million ๐ฐ in a mix of cash and stock, plus Telegram would earn 50% of all Grok subscription revenue generated through the app. ๐๐ฅ
But hold on... ๐
Elon Musk has stepped in to clear the air. According to The Block, Musk denied the rumors, saying that no formal agreement has been signed between xAI and Telegram. โ๐คทโโ๏ธ
Meanwhile, Telegramโs CEO confirmed this, adding: โTrue. Weโve agreed in principle, but the formalities are not over yet.โ ๐ค๐
๐ธ After the initial buzz, Toncoin (TON) โ Telegramโs native token โ jumped 19% ๐ following the news. But after Muskโs clarification, it dropped nearly 7%, landing at $3.33 ๐.
๐ฎ Looking ahead, Telegram is on track to hit 1 billion monthly users by 2025 ๐, and is planning to raise $1.5 billion through a bond sale, according to the Wall Street Journal. ๐ฐ๐ผ
The app remains a powerful communication tool, especially among government and military users in regions like Russia and Ukraine. ๐ฐ๏ธ๐ต๏ธโโ๏ธ #ElonMuskTalks #TrumpTariffs #altcoins #TON #crypto