Musk announces full stock acquisition of X by xAI: After the merger, xAI is valued at 80 billion dollars
ChainCatcher news, Musk posted that xAI has acquired X through an all-stock transaction, and the newly merged entity is unified as XAI HOLDINGS. This deal values xAI at $80 billion and X at $33 billion (i.e., $45 billion minus $12 billion in debt).
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