Elon Musk’s xAI acquires X, with a total valuation of $800 billion, ushering in a new era of AI and social integration.

Musk announces the official merger of his AI startup xAI with the social platform X. xAI will acquire X through an all-stock deal. xAI is valued at $80 billion, while X is valued at approximately $33 billion. The combined entity will have a total valuation of $113 billion. Musk stated that the futures of xAI and X are intertwined, and this integration will combine data, models, computing, distribution, and talent to unlock tremendous potential.