Elon Musk sells X in $33 billion deal

World’s richest billionaire, Elon Musk, makes headlines as he sells off X, formerly Twitter, in a $33 billion deal.

It’s worth noting that Elon Musk acquired Twitter in October 2022 for $44 billion introducing several new features to the app.

The acquisition of X by xAI, Elon Musk’s artificial intelligence company, is a strategic move to merge X’s vast user base with xAI’s cutting-edge AI capabilities.

According to Musk, this integration will ‘unlock immense potential,’ enriching user experiences and fostering truth through the fusion of xAI’s AI expertise and X’s massive user base.

Moreover, the deal has garnered mixed reactions, with neeizens applauding Musk’s vision and others voicing concerns about the implications of AI-driven social media.