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Musk announces xAI's full stock acquisition of X: After the merger, xAI is valued at 80 billion US dollars
Bitget2025/03/29 02:27
ChainCatcher News, Musk announced that xAI has acquired X through an all-stock transaction, and the merged new entity is unified as XAI HOLDINGS. This deal values xAI at 80 billion US dollars and X at 33 billion US dollars (i.e., 45 billion US dollars minus 12 billion in debt).
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