Archive: https://ghostarchive.org/archive/z7vik
March 28 (Reuters) - Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including $12 billion debt.
“xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent,” Musk said in a post on X, adding that the combined company would be valued at $80 billion.
Neither X nor xAI immediately responded to a request for comment.
Some xAI investors got scammed. And then scammed again.
“This is now worth $80 million dollars because I said so.”
Tarot card ass economy.
*Billion
That too! 🤪
Good catch. My brain used a more sensible amount for that snide remark. Guess I’m still here in the real world with my stash of good ol’ V bucks brought to you by Sprite/Lego/Amazon Basics.
Scam ass ttansaction won’t save him.
Now I understood why a few weeks ago it was said that xitter was back to the old ultra overvalued valuation even with less revenue and less users. Because he found some other idiots to pay for it hoping to hit big when and if does an IPO
Deck chairs on the Titanic.
Well now the titanic chairs are on the Exon Valdez
Dennis Hopper intensifies
