Elon Musk announced on Friday that he has completed a $33 billion all-stock deal, selling his social media platform, X, to his xAI artificial intelligence company. Both businesses are privately owned, meaning they do not have to disclose their financial information to the public. The move, as Musk mentioned on X, aims to maximize potential by integrating xAI's advanced AI capabilities with X's vast user base. The deal values xAI at $80 billion and X at $33 billion. In 2022, Musk acquired the platform previously known as Twitter for $44 billion, restructured it, and renamed it X, implementing new policies on hate speech, misinformation, and user verification. He later launched xAI.

The integration of xAI and X is expected to revolutionize both companies' futures by combining their data, models, computing power, distribution channels, and talent. This merger is envisioned to enhance user experiences and uphold the mission of pursuing truth and knowledge. It remains uncertain how this transaction will impact X users, as xAI already utilizes data from X for training its AI models, and paying X users currently have access to xAI's AI chatbot named Grok.