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xAI acquires X in all-stock deal

Mar 28, 2025 · Documented · ai

Image: Sullivan and Cromwell LLC

Musk said xAI had acquired X in an all-stock transaction valuing X at $33 billion and xAI at $80 billion.

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Source: reuters.com

1. reuters.com
2. xAI and X Merge in a $113 Billion Transaction | Sullivan & Cromwell LLP

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