Elon Musk Sells X for $45,000,000,000
Elon Musk has made a shocking move by selling his prized asset, X (formerly Twitter), for a staggering $45,000,000,000. However, the new owner might surprise you.
It's been a rocky two and a half years for Elon Musk as head of Twitter. The site has gone through numerous controversial changes, inspiring several alternative platforms to host social media ‘refugees’ looking to leave the confines of X.
@xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).
— Elon Musk (@elonmusk) March 28, 2025
Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at…
Advertiser boycotts, an influx of bots, and a reported 72% decline in value over just two years have marked a rough period for Musk’s X. However, many also believe his control over the social media giant played a crucial role in Donald Trump’s U.S. election victory late last year.
Despite estimates that X was worth only $12.3 billion last December, Musk has somehow managed to sell the company for $45 billion this month. That means he has actually turned a profit—although the identity of the buyer explains how this was possible.
Who Bought X for $45 Billion?
According to the BBC, the acquisition of X was made by xAI, Musk’s own artificial intelligence company. You have to imagine that negotiations went deep into the early hours.
“xAI has acquired X in an all-stock transaction,” Musk revealed in a post on the platform last Friday. He further disclosed: “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).”
xAI, through its AI chatbot Grok, has already become a significant part of the X experience. Not only can users chat with Grok, create pictures, and even engage in an ‘18+ sexy mode,’ but they can also make requests in post replies.
Musk continued: “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution, and talent. This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.”
“I would like to recognize the hardcore dedication of everyone at xAI and X who has brought us to this point,” Musk added. “This is just the beginning.”
Confusion Surrounding the Deal
Understandably, many online have been left baffled by the deal. One Reddit user expressed their confusion over the mechanics of the sale:
“Listen, I don’t know too much about business or really anything about stocks, but how in the actual f*** do you buy your own company from yourself using ONLY stock???”
Musk’s purchase of his own company has left many scratching their heads. Some commenters attempted to explain it as a “merge via swap.”
“Company A gives an amount of its stock for Company B’s stock,” one comment explains. “The implication here is that the shareholders of Company B believe that merging will make them richer faster.”
Another perspective is that Musk wasn’t simply transferring stock from one pocket to another: “He isn’t buying just from himself. He wasn’t the sole shareholder of either of those companies. [...] All stock buyback in this situation means is that everyone who owns shares in X will receive a specific number of shares in xAI based on their relative valuation.”
While skepticism remains—especially since X was recently valued much lower—it’s a move that appears to primarily benefit those currently holding shares in either company.
FAQs
1. Why did Elon Musk sell X for $45 billion?
Musk’s AI company, xAI, acquired X in an all-stock transaction. This move consolidates the two companies, allowing for deeper integration of AI within the social media platform.
2. Who now owns X?
xAI, Musk’s AI venture, now owns X after the acquisition. Essentially, Musk still controls the platform, just under a different corporate structure.
3. How did Musk turn a profit despite X’s lower valuation?
Although X was recently valued at around $12.3 billion, Musk managed to negotiate a $45 billion deal with xAI. The deal was structured in stock rather than cash, allowing him to shift value between his companies.
4. What does this mean for X users?
Expect deeper AI integration on X, particularly through Grok and other AI-driven features.
5. Will X change its name again?
Nothing has been confirmed, but with Musk at the helm, anything is possible.
* Please Don't Spam Here. All the Comments are Reviewed by Admin.