š„ Elon Musk's X Sold to His Own AI Company xAI for $33 Billion! š¤Æ
- MediaFx
- Mar 29
- 1 min read
TL;DR:Ā Elon Musk has sold his social media platform X (formerly Twitter) to his own AI company, xAI, for $33 billion (ā¹2.82 lakh crore). xAI, founded by Musk in 2023, aims to integrate AI technology with social media to enhance user interactions. The merger also aims to make X a more interactive, AI-driven platform competing with OpenAI's ChatGPT and Googleās Gemini.

š§ What's Happening?
Musk has officially sold X to xAI, his own company, for a whopping $33 billion. šø
xAI, launched in 2023, focuses on developing advanced AI models like Grok, a chatbot rivaling OpenAIās ChatGPT and Googleās Gemini. š¤
The merger aims at merging AI capabilities with social media, making X a smarter, AI-driven platform. š”
š Why This Matters?
AI-Powered Social Media:Ā The integration of AI could revolutionize how we interact online, making things super personalized and smart! š¤Æ
Direct Competition:Ā xAIās GrokĀ is set to challenge popular AI models like ChatGPT and Googleās Gemini. š
Super App Dream:Ā Musk wants to make X an āeverything appāĀ with AI at its core. š±
AI for All:Ā This merger could mean AI-driven features for millions of users worldwide. š
š MediaFx Opinion
Muskās move shows how big capitalists are monopolizing technology and media, trying to dominate even the flow of information. This combination of AI and social media raises concerns about privacy, data exploitation, and control over how we interact online. The working class needs open-source AI and platforms that prioritize people over profit.