Elon Musk has announced a $ 80 billion fusion of the Xai artificial intelligence project with the X social media platform, formerly on Twitter, in a move that it claims to “open huge potential” by combining the capabilities of artificial intelligence and the user's interaction in actual time.
Xai non-cash transactions are estimated at $ 80 billion and X at $ 33 billion-or $ 45 billion when she guarantees $ 12 billion in debt. This number is a slight increase in more than $ 44 billion paid to capture the private platform in 2022, raising new questions about X evaluation amid continuous financial challenges.
Musk said that the merger will allow the two companies to share better resources, as X can access AI tools such as Chatbot Grok, while Xai will be able to benefit from the X X -X -X user base and a wide data set. He described the entities as “intertwined”, saying that the joint company will provide “more intelligent and more meaningful experiences for billions of people” with our commitment to “searching for truth and progress in knowledge.”
This integration comes a few months after reporting talks to raise 10 billion dollars, with a rate of $ 75 billion. The company, which was founded by Musk in 2023, launched many products including Grok Chatbot and Aurora, a text model to a picture. Among the first supporters of Silicon Valle heavy heavy Seikoy Capital and Andresnin Horwitz.
However, critics are wondering about the logical basis behind the deal – especially given the absence of a clear revenue stream. Bruce Daisley, the former European president of Twitter, described it as a “real indication that the artificial intelligence market is a bubble”, indicating that Musk may try to form the X evaluation amid advertising revenues and pressure from the first investors.
One of the investors, the Saudi billionaire, Prince Alloel Ben Talal, confirmed that he requested the integration, pointing to his role as the second largest investor in both companies. He said that the value of his property after the merger would exceed 4-5 billion dollars, adding that “the meter works.”
Since Musk's acquisition of Twitter and Rebrand to X, the platform has seen a dramatic reform. Musk cut thousands of jobs, closed offices, and put back the platform as freedom of expression. Although many prominent advertisers were initially withdrawn, the latest Emarketer report indicated that X may now be ready for the first year of advertising revenue growth under MUSK ownership.
Despite mixed results, musk insists that the transformation works. He said: “X is the digital city field … turned into one of the most efficient companies in the world.” “XAI quickly became a leading AI laboratory, construction models and data centers quickly and unprecedented size.”
Linda Yakarino, CEO of X, chanted Musk's optimism, saying: “The future cannot be brighter.”
The deal advised Morgan Stanley, which was a financial advisor for both X and Xai.
With Musk also heading Tesla and Spacex and now the position of Donald Trump is working in the Ministry of Governmental efficiency (DOGE), the last Mogul step in his ambition to create a tightly integrated environmental system that extends to transportation, AI, space, and digital communication.
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