Elon Musk’s xAI has acquired X (formerly Twitter) for $33 billion, aiming to integrate AI capabilities with the platform. The deal’s details remain unclear, and its impact on users is uncertain. Musk continues expanding xAI to compete in the AI space while increasing his influence in Washington.

Tech billionaire Elon Musk's xAI artificial intelligence firm has officially acquired his social media company X, formerly known as Twitter, for a total of $33 billion (€30.5 billion).

Musk confirmed the transaction in a post on X, stating: "The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt)."

Musk elaborated on the acquisition, emphasizing the interconnected future of the two companies. "xAI and X's futures are intertwined," he wrote. "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."

Despite this announcement, many details of the deal remain undisclosed. As both xAI and X are privately held entities, they are not obligated to release financial details to the public. Furthermore, it is unclear whether this acquisition will bring any immediate or significant changes for X users.

Musk originally purchased X, then known as Twitter, for $44 billion in 2022. Following the takeover, he implemented sweeping changes, including firing most of its staff, revising content moderation policies, altering user verification systems, and rebranding the platform as X. These controversial policy shifts led to an exodus of advertisers, contributing to a sharp decline in the company’s revenue.

A year after acquiring X, Musk launched xAI to compete in the rapidly evolving artificial intelligence sector. In February, xAI introduced Grok-3, its latest chatbot iteration, as part of an effort to rival leading AI firms such as Chinese company DeepSeek and Microsoft-backed OpenAI, the developer of ChatGPT.

Amid increasing competition in the AI industry, xAI has been aggressively expanding its data center capacity to facilitate the development of more advanced AI models. Additionally, in February, Musk spearheaded a $97.4 billion bid through a consortium to acquire OpenAI. However, the acquisition attempt was ultimately rejected.

Musk, currently the world's wealthiest individual, also serves as the CEO of Tesla and SpaceX. His influence in Washington has grown significantly, particularly since Donald Trump’s return to the White House. As head of the Department of Government Efficiency (DOGE), Musk is overseeing efforts to reduce government spending and streamline operations within the administration.

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