Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal. Both companies are privately held, meaning they are not required to disclose their finances to the public. Musk announced on X that the move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.” The deal values xAI at $80 billion and X at $33 billion. Musk, who serves as CEO of Tesla and SpaceX and as an advisor to President Donald Trump, bought the site, then called Twitter, for $44 billion in 2022. He subsequently gutted its staff, changed its policies on hate speech, misinformation, and user verification, and renamed it X. He launched xAI a year later. Musk wrote on X, “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.” He added, “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 remains unclear if this move will change anything for X users, as 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.