Musk, Twitter and xAI

Critics said Musk 'overpaid' for Twitter. Thanks to Trump and xAI, it could actually be a steal.
Some panned the billionaire for overspending on Twitter, but the platform is winning him favor with Donald Trump and supporting his AI ambitions.
Elon Musk’s Twitter backers gain windfall from xAI deal
Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up
Musk investors who got hosed on Twitter takeover set to reap windfall as xAI value surges: report
Musk has given 25% of the shares in his startup xAI to investors who helped fund his $44 billion acquisition of the social media platform X, formerly known as Twitter, in 2022.
Investors in Elon Musk’s X Acquisition Reap Benefits with 25% Stake in xAI
These stakeholders are now reaping rewards in the form of shares in the artificial intelligence (AI) startup, xAI of Elon Musk .
Fidelity marks up value of its stake in Elon Musk's X by 32%: report
Fidelity marked up the value of its holdings in Elon Musk's X by 32.37% in October, Axios reported Sunday, possibly boosted by the social media's stake in xAI.  Despite the markup, Fidelity still values the platform formerly known as Twitter at a 72% discount to the $44 billion Musk purchased it for in 2022.
Fidelity Ups Valuation of Elon Musk’s X and xAI Stakes
Fidelity has raised the estimated value of its stake in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to an Axios report. Despite the boost, the social media platform is still valued at nearly 72% less than the $44 billion Musk paid to acquire it in 2022.
Elon Musk buying Twitter might not have been such a bad move after all
Two years after Elon Musk bought Twitter for tens of billions of dollars, the value of the social media platform might be on ...
Fidelity boosts valuations of its stakes in Elon Musk’s X and xAI startup, report says
October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for ...
Elon Musk Says He’ll Make An xAI Game Studio To ‘Make Games Great Again’
Elon Musk has recently inserted himself into gaming culture wars bemoaning what he and others believe are "woke" portions of ...
Elon Musk files for injunction to halt OpenAI’s transition to a for-profit
Counsel for billionaire Elon Musk have filed for an injunction against OpenAI, seeking to prevent the company from ...
PCMag on MSN5d
Elon Musk Wants to Use His xAI Startup to Create Video Games
Musk suggests recent games have become too 'woke,' and wants to 'start an AI game studio to make games great again,' a nod to ...
Elon Musk just deepened his rivalry with Sam Altman
Elon Musk's xAI could reportedly launch an app to challenge OpenAI's ChatGPT as soon as December, deepening his rivalry with ...
Fidelity Raises Valuation Of Elon Musk's X, But It Remains 72% Below Buyout Price
Elon Musk took Twitter private for $44 billion. Fidelity raised the carrying valuation for the social media company in ...
Elon Musk raises $6 billion for xAI’s Memphis data center; will purchase 100,000 Nvidia chips to boost Tesla’s full self-driving capabilities
According to CNBC’s David Faber, Elon Musk has raised up to $6 billion (at a $50 billion valuation) to purchase 100,000 ...