Elon Musk announced that the new name of Twitter, which he bought for $ 44 billion three years ago, has now passed to XAI. This statement revealed the plan to combine Musk’s social media and artificial intelligence initiatives in a more direct structure. Musk said that by making the announcement from his own X account, the merger was a whole stock -based transaction, and that XAI was included in the process with a valuation of 80 billion dollars and X is 33 billion dollars. X’s valuation of the $ 12 billion debt was also expressed.
This development adds a new page to the financial fluctuations since the first day Elon Musk’s social media platform first bought it. The fact that X has lost about $ 11 billion since 2022 makes the timing of this new configuration of Musk even more remarkable. In spite of these losses, the optimistic sharing of Linda Yaccarino, X CEO of X, suggests that a different strategic perspective on the administration side continues. Yaccarino stressed that he was hopeful without merging using the phrase “The future could not be brighter”.
XAI’s artificial intelligence capacity and X’s user data are integrated
When the XAI was founded in the summer of 2023, Musk clearly stated that one of the main advantages of the company had access to the data pool on platform X. Although it has not yet passed since its establishment, XAI is now known as one of the leading artificial intelligence laboratories of the sector. The company has shown rapid growth in developing large -scale data centers and artificial intelligence models. Besides, XAI developed Grok The artificial intelligence tool was integrated directly into the X application and introduced users.
Recently GrokThe integration of third -party platforms such as Telegram shows that XAI’s operations are starting to move beyond X. This development clearly reveals the extent to which the technical infrastructures of the two companies are intertwined. The information that XAI employees had access to the code base of X and used company computers had already come up. In addition to all these, Musk has previously stated that X investors will have a share of up to 25 %in XAI, but as of January 2025, this does not seem to be implemented for X employees.
This merger reminds Elon Musk’s previous similar initiatives. In 2016, Tesla acquired Solarcity, ruled by Musk’s cousin, expanding its company structure in energy. After this acquisition, the phrase “Motors ında was issued and Tesla became an energy company beyond transportation. In the current XAI-X merger, two areas-social media and artificial intelligence-are being restructured under a common roof.
In spite of everything, the fact that Musk never mentioned Tesla in this statement stands out as a remarkable detail. At his meeting with Tesla employees last week, Musk, who used the phrase “I have 17 different jobs ,, remains unclear whether the number of responsibilities with this merger is unclear. Nevertheless, the fact that the new structure covers the direct X platform and artificial intelligence operations suggests that Musk wants to try a more integrated model in the multi -layered business network. This raises the possibility that managerial responsibilities can be redistributed in the future.
Elon Musk often states that X is a “digital town square ve and that it enables people to access real -time information. However, X’s target of “the super application that covers everything” is not yet concrete. The combination of artificial intelligence and social media platform is considered an important step in this direction. However, there is no definite framework for how X will affect the user experience.
On the other hand, Elon Musk’s competition in the artificial intelligence sector has recently concentrated. The separations and legal processes with OpenAI show that strategic moves in this field have not only technical, but also political and economic dimensions. The rapid value of companies such as NVIDIA gained value, and XAI strengthened its position in this wave. It has been reported that the company’s valuation in November 2024 exceeded $ 50 billion; With the last merger, this figure reached 80 billion dollars.
The merger of XAI and X is beyond being a technical integration; Data means a new structure in which distribution, human resources and strategic goals intersect. Although Elon Musk describes this unification as a step as a step that will “accelerate human progress ,, in which direction this vision will progress will become clear over time. The introduction of social media and artificial intelligence under a single platform can reshape many structures from user experience to commercial models. In the future, it seems likely to take significant developments for both users and industry players.