Elon Musk has sold X to himself for $45 billion

Musk is a co-founder of OpenAI, but left the company in 2019 and created his own version, called xAI.

Elon Musk has sold X to himself for $45 billion

Elon Musk has sold social media site X, formerly Twitter, for $45 billion to xAI, known for their Grok chatbot

Elon Musk Sells X To His Own Company

Both companies are privately held, which means they are not required to disclose their finances to the public.

Elon Musk bought X in 2022, when it was still operating as Twitter.

Elon Musk sells X, mostly to himself

The deal brings the social media company under a new corporate umbrella.

Elon Musk has formalized the acquisition of X by xAI, his own artificial intelligence company.