☮ ♥ ♬ 🧑💻<p>“Elon Musk said on Friday (Saturday AEDT) that his <a href="https://ioc.exchange/tags/xAI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>xAI</span></a> has acquired X, the social media app formerly known as <a href="https://ioc.exchange/tags/Twitter" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Twitter</span></a>, in an all-stock transaction for $US45 billion ($71.5 billion), including debt.</p><p>xAI and X’s futures are intertwined. Today, we officially take the step to combine the <a href="https://ioc.exchange/tags/data" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>data</span></a>, <a href="https://ioc.exchange/tags/models" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>models</span></a>, <a href="https://ioc.exchange/tags/compute" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>compute</span></a>, <a href="https://ioc.exchange/tags/distribution" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>distribution</span></a> and <a href="https://ioc.exchange/tags/talent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>talent</span></a>,” <a href="https://ioc.exchange/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> said in a post on X, adding that the combined company would be valued at $US80 billion.”</p><p><a href="https://ioc.exchange/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> / <a href="https://ioc.exchange/tags/acquisitions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>acquisitions</span></a> / <a href="https://ioc.exchange/tags/CreativeAccounting" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CreativeAccounting</span></a> <<a href="https://archive.md/in6TN" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="">archive.md/in6TN</span><span class="invisible"></span></a>> / <<a href="https://www.afr.com/technology/musk-s-xai-buys-social-media-platform-x-for-71-5b-20250329-p5lnh9" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">afr.com/technology/musk-s-xai-</span><span class="invisible">buys-social-media-platform-x-for-71-5b-20250329-p5lnh9</span></a>> (paywall)</p>