Elon Musk, xAI

Elon Musk’s xAI Just Doubled Its Valuation to $50B—Who Are the Biggest Winners?
Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.
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 the market.
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 $44 billion in 2022, Axios said.
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.
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.
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 ...
Did Elon Musk overpay for Twitter? Now with Trump as US President elect and xAI, it looks like a steal
When Elon Musk bought Twitter, many thought that it was a very overpriced deal. However, it is this very platform that gave ...
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 ...
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 ...
Elon Musk briefly dropped OpenAI lawsuit after a chat and a hug with Sam Altman in March: report
Elon Musk filed a lawsuit against OpenAI in February, only to briefly withdraw it in June.
Elon Musk builds xAI, world's largest AI computing system in just 16 months, sparks anxiety among rivals like OpenAI; here's how he did it
Elon Musks xAI has redefined the AI landscape, achieving a staggering $50 billion valuation in just 16 months—a feat that ...
Does Elon Musk want to buy Hasbro? Why a social media post is driving speculation.
Musk's ask about how much it would cost to buy Hasbro, which owns Wizards of the Coast, which in turns owns and publishes ...
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 ...
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 ...