Elon’s $33 Billion xAI–X Deal: Valuation Tricks, Ownership Dilution, and Why It Matters
By Kristen Kelly & Jen Saarbach, Co-Founders of The Wall Street Skinny Elon Musk just bought Twitter…again. But this time, he bought it from himself — sort of. His artificial intelligence startup, xAI, acquired X (formerly Twitter) for a headline valuation of $33 billion in an all-stock deal. So, if he paid $44 billion for […]