Share on Email CEO of Tesla and SpaceX Elon Musk speaks at the Conservative Political Action Conference (CPAC) at the Gaylord National Resort Hotel And Convention Center on February 20, 2025 (Credit: Alex Wong/Getty Images) X, Elon Musk’s social media platform, has been acquired by xAI, his artificial intelligence company, in a deal worth $45 billion. Musk announced the all-stock deal on the app on Friday. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt),” Musk posted. He added the two companies futures are “intertwined,” and that the deal made sense for both sides. “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 added. “The 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.” @xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at…