Re:xAI has acquired X, xAI now valued at $80B
by Zigurd on Saturday March 29, 2025 @03:38PM
(#43518010)
Sort of: it put Twitter's LBO debt on X.ai's books. I strongly suspect Elon had been lending X money to cover interest payments. Both X.ai and X are privately held, so specifics will be hard to come by.
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