Elon Musk's xAI firm buys social media platform X for $33B(theguardian.com)
theguardian.com
Elon Musk's xAI firm buys social media platform X for $33B
https://www.theguardian.com/technology/2025/mar/29/elon-musks-xai-firm-buys-social-media-platform-x-for-33bn
2 comments
Ongoing discussion (453 points, 5 hours ago, 512 comments) https://news.ycombinator.com/item?id=43509923
So an 11B loss in 3 years. Not too bad.
He's selling it to his own company... So he's not the one taking a haircut.