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Elon Musk Sells X in $33 Billion Deal

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TechRepublic |
Musk claims xAI’s post-acquisition value is $80 billion, which aligns with a projected $75 billion valuation discussed last month, according to Bloomberg.
Ars Technica |
Plaintiffs had argued the scheme saved Musk "over $200 million" while allegedly harming investors whose shares could have sold at higher prices during the time the supposed scheme was in action.

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Elon Musk's AI company just engulfed X for $33 billion — here's what that means
Elon Musk has officially announced the sale of X in an "all-stock transaction" — but not to a competitor. Instead, the website formally known as Twitter has been acquired by Musk’s very own AI venture, xAI.
Elon Musk's AI company buys X in blockbuster $33B stock deal
Elon Musk’s social media platform X has been bought by tech billionaire’s artificial intelligence company xAI in a monster deal that values X at $33 billion.
Elon Musk’s xAI Acquires X in $45B Deal to ‘Unlock Immense Potential’
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Even Trump may not be able to save Elon Musk from his old tweets
Elon Musk accused the Securities and Exchange Commission (SEC) of launching a purely politically motivated probe into his Twitter purchase. In a letter from his lawyer, Alex Spiro, Musk alleged that the SEC gave him 48 hours to accept a settlement or face fraud charges.
Elon Musk’s xAI Buys X — Here’s What That Means For You
Elon Musk's xAI has bought X, formerly Twitter, in a $33 billion deal. What does that mean for your privacy — and is it time to finally quit X?
Musk says U.S. Institute of Peace workers were erasing computer data to cover up crimes
Elon Musk is accusing officials at the U.S. Institute of Peace of deleting financial records to cover up criminal activity.
Musk Merges His AI Company With X, Claiming Combined Value of $113 Billion
Elon Musk’s artificial-intelligence startup xAI has acquired X, the social-media platform he also owns, in an all-stock deal that assigns the new enterprise a lofty valuation.
Elon Musk Says His AI Firm Has Acquired X In All-Stock Deal Valuing Social Media Platform At $33 Billion
Elon Musk's artificial intelligence firm xAI acquired X in an all-stock deal valuing the social media company at $45 billion, minus $12 billion in debt.
Elon Musk’s AI company acquires X, raising concerns about data centralization
Elon Musk's AI company xAI has acquired his social media company X. The Grok developer will now have direct access to data shared by 600 million active X users.
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