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Elon Musk Sells X To xAI

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The deal values the companies at $80 billion and $33 billion respectively, the latter number which he said reflects a $45 billion value for X and $12 billion of debt.
From Investopedia
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter.
From BBC

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Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday.
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Musk Says xAI Acquires X in All-Stock Transaction Valued at $80B
xAI has acquired social media platform X in an all-stock transaction, Elon Musk said in an X post late Friday. The deal values xAI at $80 billion and X at $33 billion, including $12 billion in debt, said Musk, who is chief executive officer and founder of xAI.
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