Elon Musk sells X to xAI. What does the $33 billion merger mean for users?

Tech billionaire Elon Musk said on March 28 that he has sold social media site X to his own Artificial Intelligence (AI) company xAI in a $33 billion all-stock deal.

“xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent,” Musk said in a post on X, formerly known as Twitter.