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🫱 Elon Musk sells social network X to his AI startup xAI.
Elon Musk has transferred ownership of social network X (formerly Twitter) to his AI company xAI, valuing xAI at $80B and X at $33B.
The move aims to merge technologies and data, creating a platform focused on truth and progress.
The decision coincides with a court ruling not to dismiss a lawsuit against Musk related to delayed investment disclosures.