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Elon Musk sells X to his own xAI for $33 billion in all-stock deal

TECH

Elon Musk sells X to his own xAI for $33 billion in all-stock deal
TECH

TECH

Elon Musk sells X to his own xAI for $33 billion in all-stock deal

2025-03-30 01:12 Last Updated At:01:21

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday.

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

Musk said in a post on X that the move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.” He said the deal values xAI at $80 billion and X at $33 billion. Musk, who serves as CEO of Tesla and SpaceX as well as an advisor to President Donald Trump, bought the site then called Twitter for $44 billion in 2022, gutted its staff and changed its policies on hate speech, misinformation and user verification and renamed it X.

He launched xAI a year later.

“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 wrote on X. “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.”

It's not clear if the move will change anything for X users — xAI already uses data from X user posts to train its artificial intelligence models and paying X users have access to its AI chatbot, Grok, while nonpaying users can ask the chatbot 10 questions every 2 hours.

This story was first published on Mar. 28, 2025. It was updated on Mar. 29, 2025 to correct that Grok has already been available to X’s nonpaying users on a limited basis. An earlier version stated Grok had only been available to X users who paid for a subscription.

FILE - Elon Musk attends the finals for the NCAA wrestling championship, Saturday, March 22, 2025, in Philadelphia. (AP Photo/Matt Rourke, File)

FILE - Elon Musk attends the finals for the NCAA wrestling championship, Saturday, March 22, 2025, in Philadelphia. (AP Photo/Matt Rourke, File)

FILE - Workers install lighting on an "X" sign atop the company headquarters, formerly known as Twitter, in downtown San Francisco, July 28, 2023. (AP Photo/Noah Berger, File)

FILE - Workers install lighting on an "X" sign atop the company headquarters, formerly known as Twitter, in downtown San Francisco, July 28, 2023. (AP Photo/Noah Berger, File)

SAN FRANCISCO (AP) — Shai Gilgeous-Alexander had 30 points and seven assists, and the Oklahoma City Thunder dominated the short-handed Golden State Warriors for a 131-94 win Friday night.

Stephen Curry sat out because of a left ankle sprain and backcourt mate Jimmy Butler became ill earlier in the day. Draymond Green rested, while Jonathan Kuminga missed the game with back soreness.

That left Steve Kerr's starting lineup as Brandin Podziemski, Moses Moody, Will Richard, Gui Santos and Quinten Post.

Kerr was optimistic Curry would play Saturday against the Jazz.

Gilgeous-Alexander shot 10 for 20 with three 3-pointers and converted all seven of his free throws for his seventh game in the last nine with 30 or more points — and now three straight. He had 38 points on 13-for-21 shooting with five 3-pointers in the last matchup against the Warriors.

Chet Holmgren contributed 15 points and a season-best 15 rebounds — two off his career high — as Oklahoma City (30-5) won a fourth straight following its first two-game skid of the season.

Richard had 13 points and five rebounds, Al Horford and Moody also scored 13 while Pat Spencer dished out 11 assists against the defending champion Thunder, who had lost their previous two road games but also won 124-112 at Golden State exactly a month earlier on Dec. 2.

Richard's 3-pointer with 7:19 left in the second quarter got Golden State within 38-36 before Oklahoma City answered with a 19-0 run to go ahead 64-45 at halftime.

The Warriors had won two straight, five of six and three in a row at home, where they are in a stretch with 10 of 11 at Chase Center.

Thunder: Visit Phoenix on Sunday.

Warriors: Host Utah on Saturday night to complete a back-to-back.

AP NBA: https://apnews.com/NBA

Golden State Warriors forward Gui Santos (15) is fouled by Oklahoma City Thunder guard Alex Caruso (9) during the first half of an NBA basketball game, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Golden State Warriors forward Gui Santos (15) is fouled by Oklahoma City Thunder guard Alex Caruso (9) during the first half of an NBA basketball game, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Golden State Warriors guard Brandin Podziemski (2) shoots a 3-point basket during the first half of an NBA basketball game against the Oklahoma City Thunder, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Golden State Warriors guard Brandin Podziemski (2) shoots a 3-point basket during the first half of an NBA basketball game against the Oklahoma City Thunder, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Oklahoma City Thunder center Chet Holmgren (7) dunks during the first half of an NBA basketball game against the Golden State Warriors, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Oklahoma City Thunder center Chet Holmgren (7) dunks during the first half of an NBA basketball game against the Golden State Warriors, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Oklahoma City Thunder center Chet Holmgren (7) shoots while defended by Golden State Warriors center Trayce Jackson-Davis (32) during the first half of an NBA basketball game, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Oklahoma City Thunder center Chet Holmgren (7) shoots while defended by Golden State Warriors center Trayce Jackson-Davis (32) during the first half of an NBA basketball game, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Oklahoma City Thunder guard Luguentz Dort (5) celebrates after making a 3-point basket during the first half of an NBA basketball game against the Golden State Warriors, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Oklahoma City Thunder guard Luguentz Dort (5) celebrates after making a 3-point basket during the first half of an NBA basketball game against the Golden State Warriors, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)

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