Musk sells X

The billionaire’s xAI artificial intelligence startup has acquired the social media platform

Tech billionaire Elon Musk has announced that his artificial intelligence startup, xAI, has acquired the social media platform X, which he also controls. The acquisition was confirmed in a Friday post on X, where Musk stated, “@xAI has acquired @X in an all-stock transaction.”

“Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world...