{
Kat Abughazaleh

People

}
001122334455554433221100
001122334455554433221100

xAI acquires X in all stock deal valued at 80 billion dollars

Elon Musk announced that xAI has acquired X in an all-stock deal, valuing xAI at $80 billion and X at $33 billion. Meanwhile, Block is laying off 931 employees as part of a restructuring, and 23andMe has filed for bankruptcy, with co-founder Anne Wojcicki planning to bid for the company. Additionally, a leaked database reveals China's advanced AI censorship capabilities, and Rivian's skunkworks project has spun out as a new company called Also, securing $105 million in funding.
TechCrunch
United States Dollar 23andMe Holding Co. SpaceXCoin USD Rivian Automotive, Inc. Nikola Corp. R Apple Inc. CYM CHN USA Jack Dorsey Elon Musk Trevor Milton Anne Wojcicki Kat Abughazaleh Show more
Business & Industry, News Article
18:02 29.03.2025
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