World News@lemmy.worldEnglish • 3 months ago

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

apnews.com

cross-posted to:
technology@lemmy.world

467

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

apnews.com

@Redditsux@lemmy.world to

World News@lemmy.worldEnglish • 3 months ago

cross-posted to:
technology@lemmy.world

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.

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HubertManne
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14•3 months ago
yes its a perfect setup for a payoff.
- @Cryophilia@lemmy.world
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  3•3 months ago
  Ah shit so maybe not fraud but bribery.
  - HubertManne
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    6•3 months ago
    yeah figure musk is a bit smarter so didn’t need to get the loans he never pays back like trump.

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