Elon Musk’s artificial intelligence company, xAI, has acquired social media platform X in a $33 billion all-stock deal. The combination aims to unlock the potential of xAI’s advanced AI capabilities and X’s massive user base of over 600 million active users. This acquisition marks a significant step in Musk’s vision to accelerate human progress through technology. The deal values xAI at $80 billion and X at $33 billion, with X’s financial outlook expected to benefit from the partnership.