Mar 29, 2025 11:49 AM IST Share Via Copy Link This deal values xAI at $80 billion and X at $33 billion, and gives xAI access to 600 million potential AI chatbot users, amidst tough competition The ownership for social media platform X (formerly Twitter) has changed hands earlier today in an all-stock deal. Elon Musk is now not the owner of X, but instead, artificial intelligence startup xAI now owns X. xAI, for anyone who may have missed a fine detail, is owned by Elon Musk. It’s not very difficult to wrap one’s head around this unexpected development. This deal values xAI at $80 billion and X at $33 billion (Musk clarifies this is a calculation of $45B and then reducing the $12B debt amount) (REUTERS) This deal values xAI at $80 billion and X at $33 billion (Musk clarifies this is a calculation of $45B and then reducing the $12B debt amount). X currently has 600 million active users. XAI was founded two years ago, and has quickly become one of the leading AI startup’s in the world in this time — the latest Grok 3 generative AI evolution, proficient enough to worry Google, Microsoft, OpenAI and Meta. “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,” Musk details, in a post on X, his preferred communications methodology. xAI, for anyone who may have missed a fine detail, is owned by Elon Musk (REUTERS) An example of intertwined futures is perhaps well represented by the importance of Grok 3’s integration within X — the AI chatbot’s free tier includes DeepSearch and Think, something that’s significantly restricted in Google Gemini, ChatGPT and Microsoft Copilot free tiers. This also gives xAI potential visibility across a 600 million active user base, as it competes with other AI companies, also including Anthropic and Meta. Musk talks about a “combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge. This will allow us to build a platform that doesn’t just reflect the world but actively accelerates human progress.”