xAI Acquires X (formerly Twitter)
March 29, 2025
Elon Musk's AI company xAI has acquired X (formerly Twitter) in an all-stock transaction that values X at $33 billion and xAI at $80 billion. The deal combines xAI's models, data, compute and talent with X's distribution and data to accelerate integration of xAI's Grok chatbot and other AI capabilities into the social platform.
- Buyers
- xAI
- Targets
- X (formerly Twitter)
- Sellers
- Elon Musk
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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