Elon Musk Transfers X to xAI in a $33 Billion Move

Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, has once again made waves in the tech world by transferring ownership of the social media platform X (formerly Twitter) to his artificial intelligence company, xAI. The deal, valued at approximately $33 billion (Rs. 2.82 lakh crore), is seen as a strategic move to integrate social media with AI advancements.

A Strategic Shift

Since acquiring Twitter for $44 billion in late 2022, Musk has transformed the platform—rebranding it as X, revamping its verification system, and incorporating a payment model for premium users. Now, with this latest development, Musk is merging X and xAI to harness their combined strengths in data, artificial intelligence, and digital communication.

What This Means for the Future

Musk stated that the integration will combine data, computing power, and AI models to create more intelligent and interactive user experiences. He envisions this move as a stepping stone towards a more AI-driven social ecosystem.

Valuations & Market Impact

xAI is currently valued at $80 billion.

X (Twitter) is valued at $33 billion.

This transfer could be seen as an internal restructuring rather than a conventional sale, as both companies are controlled by Musk.

In his official statement, Musk acknowledged the dedication of both X and xAI teams, emphasizing that this is just the beginning of a broader vision that could reshape how people interact with AI-powered platforms.

What do you think—will this transformation revolutionize social media as we know it?

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