Musks
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Blog
Elon Musk’s xAI Acquires X in $45B Deal to ‘Unlock Immense Potential’
Image: SpaceX/YouTube Elon Musk’s artificial intelligence startup xAI has formally acquired his social media platform X in an all-stock transaction valued at approximately $45 billion. This figure includes $12 billion in debt, bringing the implied equity value of X to $33 billion. The merger will “combine the data, models, compute, distribution and talent” of the two companies, according to Musk’s…
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Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper
A few years after buying Twitter for $44 billion, Elon Musk announced that his AI business xAI has acquired the social media platform X, formerly known as Twitter. In a tweet, he described it as an all-stock transaction, valuing xAI at $80 billion and X at $33 billion, including $12 billion in debt it had as part of his takeover.…
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Will Musk’s Ties to Trump & DOGE Lead to Long-Term Problems for Tesla?
President Donald Trump getting out of the Tesla he purchased. He is accompanied by Tesla CEO Elon Musk. Image: Truth Social/@realDonaldTrump On March 10, Tesla shares dropped more than 15%, hitting their lowest point since late October. On March 11, Trump gave a speech on the White House driveway to declare his support for the “great patriot” Tesla CEO…
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Elon Musk’s Grok AI said he and Donald Trump deserve death penalty
Elon Musk’s OpenAI rival, xAI, says it’s investigating why its Grok AI chatbot suggested that both President Donald Trump and Musk deserve the death penalty. xAI has already patched the issue and Grok will no longer give suggestions for who it thinks should receive capital punishment. People were able to get Grok to say that Trump deserved the death penalty…
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Elon Musk’s first month of destroying America will cost us decades
Let’s pause and look at what the Elon Musk administration has done so far. There’s been a lot of panic about the immediate but somewhat abstract constitutional crisis as Elon Musk’s misleadingly-named Department of Government Efficiency (DOGE) rips the government apart. And as much fun as we all are having watching Congress render itself irrelevant and wondering whether the courts…
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Elon Musk’s $97 billion flustered OpenAI – now it’s introducing rules to ward off future interest
OpenAI is considering restructuring the board of its non-profit arm to ward off unwanted bids, according to reports from the Financial Times. The reported move follows a takeover attempt by Elon Musk, who last week offered $97.4 billion to buy the company alongside a consortium of investors. OpenAI CEO Sam Altman initially said no to the bid via a post…
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Sam Altman says ‘no thank you’ to Musk’s $97 billion bid for OpenAI
OpenAI’s directors have refused a buyout offer of $97.4 billion from a group of investors led by Elon Musk. The bid follows a years-long feud between Musk and OpenAI, which he initially co-founded and helped to fund in its infancy, with particular animosity reserved for CEO Sam Altman. OpenAI has recently shifted away from its non-profit roots towards a public…
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Elon Musk’s DOGE activities trigger protests, vandalism for Tesla
Elon Musk’s role in carrying out President Donald Trump’s dirty work has triggered a wave of opposition that is spilling over into protests against his flagship company, Tesla. Over the last week, some people have held demonstrations while others have vandalized Tesla vehicles owned by individual buyers and showrooms — with actions stretching from New York, Colorado, and California, to…
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How Elon Musk’s Department of Energy access could pose a nuclear threat
What was once ridiculous is now possible. Elon Musk, the richest person in the history of the world, has become President Donald Trump’s attack dog. Musk and his Department of Government Efficiency (DOGE) have unprecedented access to the government’s data and computer system. Earlier this week, that came to include systems in the Department of Energy (DOE), which oversees America’s…
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The NTSB chooses Elon Musk’s X to update the press on plane crashes
The National Transportation Safety Board will only update the press about the plane crashes in Washington, DC and Philadelphia on X — not over email, as reported earlier by The Desk. The agency announced on Saturday that it will use its @NTSB_Newsroom account to share ”news conferences or other investigative information.“ The NTSB later said, “Reporters should email mediarelations@ntsb.gov for…
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