<ul><li>Elon Musk's xAI has acquired the social media platform X, formerly known as Twitter, in an all-stock transaction.</li><li>The deal values xAI at $80 billion and X at $33 billion, including $12 billion in debt.</li><li>Musk envisions combining the data, models, compute, distribution, and talent of xAI and X to unlock immense potential.</li><li>The combined company aims to deliver smarter, more meaningful experiences while advancing human progress.</li></ul>

Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper

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