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    Deccan HeraldITNewspapers

    Musk’s xAI deal offers unexpected win for X investors

    Mathew C S
    By Mathew C SApril 1, 2025

    Musk, the world’s richest person, on March 28 used his artificial intelligence startup, xAI, to purchase his social media platform in an all-stock deal that values X at $33 billion, not including debt.

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