Elon Musk’s AI startup, xAI, has acquired his social media platform, X, in an all-stock transaction valuing X at $33 billion. Musk announced the deal on X, stating that the futures of xAI and X are intertwined and that the combination will unlock immense potential by blending xAI’s advanced AI capability with X’s massive reach. The deal, which combines two of Musk’s high-profile companies, was not publicly detailed due to their private status. X recently raised $1 billion, valuing it at $44 billion, while Musk launched xAI in 2023, introducing Grok, an AI-powered chatbot. Major investors including Blackrock, Fidelity, Morgan Stanley, Sequoia Capital, Nvidia, and AMD have shown interest in xAI, which is now valued at $45 billion. The acquisition aims to deliver smarter, more meaningful experiences to users while advancing knowledge and human progress. Amid the AI boom, both AI and Musk have become more political, with Musk advising President Donald Trump, who has made AI a campaign issue, promising to reduce regulation.