In a surprising turn of events, Elon Musk has announced that his artificial intelligence company, xAI, has acquired the social media platform X (formerly known as Twitter) in an all-stock deal. The announcement, made via a post on X itself, values xAI at a staggering $80 billion and X at $33 billion. This move consolidates two of Musk's high-profile ventures, further intertwining the realms of social media and artificial intelligence.

According to Musk, the acquisition will

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