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As of today, March 28, 2025, there have been recent developments regarding X.com. Reports indicate that Elon Musk’s artificial intelligence company, xAI, acquired X (the social media platform formerly known as Twitter) in an all-stock transaction. The deal values xAI at $80 billion and X at $33 billion, with an additional $12 billion in debt, bringing the total valuation of the transaction to $45 billion. This move essentially consolidates two of Musk’s companies, as he is the driving force behind both xAI and X. Musk announced this transaction today, stating that it intertwines the futures of xAI and X to enhance AI capabilities and platform reach.
This acquisition follows Musk’s original purchase of Twitter in October 2022 for $44 billion, after which he rebranded it to X. The $45 billion figure for this latest deal is notable, as it slightly exceeds the 2022 purchase price, though it reflects a complex restructuring rather than a traditional sale to an external party. Essentially, Musk has transferred ownership of X to another entity he controls, xAI, rather than selling it to an outside buyer. Posts on X and various news outlets, such as Reuters and The Hollywood Reporter, have highlighted this as a strategic move to leverage X’s data and reach for xAI’s AI development, particularly for advancing the Grok chatbot.
So, to clarify: X.com (the platform) hasn’t been “sold” in the conventional sense of being offloaded to a third party. Instead, it has been acquired by xAI, another of Musk’s ventures, in a deal announced today, March 28, 2025.

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