29 Mar 2025, 07:04 AM IST xAI and X logos are seen in this illustration. Elon Musk has sold X to xAI.(REUTERS) In a surprise move, Elon Musk on Friday revealed that he had sold social media site X to xAI in a $33 billion deal. The artificial intelligence (AI) company has acquired X in an all-stock deal. Musk said in a post on X that the move will “unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach.” Elon Musk, who is CEO of Tesla and SpaceX as well as an advisor to US President Donald Trump, bought the site then called Twitter for $44 billion in 2022. He became the CEO of the company, changed its name to X, fired most its staff, and changed its policies on hate speech, misinformation and user verification. What did Elon Musk say about X deal? In his post on X, Elon Musk listed out the benefit of selling X to xAI. “xAI and X's futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach,” Elon Musk wrote on X.