Elon Musk’s shocking X sale explained.
In a move that has left the tech world scratching its head, Elon Musk has officially sold X—formerly known as Twitter—to himself in a mind-boggling $45 billion deal.
Current drama around Elon Musk chronicled.
Elon Musk is currently at the center of a whirlwind of drama, with various controversies surrounding his business decisions and personal life.
One of the major sources of tension has been Musk’s deep ties to former President Donald Trump, which have sparked public backlash.
Musk’s vocal support for Trump, combined with his controversial remarks on social media, has led to widespread boycotts of his companies, particularly Tesla.
Adding to the drama, Musk faced criticism over a salute he gave at Trump’s inauguration, which some interpreted as an endorsement of far-right ideologies.
The ongoing tension between Musk and Trump fans has divided public opinion, especially as Musk continues to lead Tesla amid declining stock prices.
In addition to the political turmoil, Musk’s personal life has also been in the spotlight, particularly with rumors surrounding his growing family.
There have been repeated claims that Musk has fathered multiple children with different partners, though Musk has remained tight-lipped on the matter.
Elon Musk is also making headlines for successfully bringing NASA astronauts home from the International Space Station aboard his SpaceX Crew Dragon spacecraft.
The mission, known as Crew-7, saw the safe return of four astronauts after a mission that lasted six months in space.
Musk’s SpaceX has become a key player in commercial space travel, significantly reducing NASA’s reliance on Russian rockets for crewed missions.
The Crew Dragon capsule splashed down in the Gulf of Mexico, marking another milestone in Musk’s ambitious space endeavors.
The attention has now shifted to Elon Musk’s $45 billion X deal, made on March 31, 2025, as it sparks intrigue about the future of the platform and his AI ambitions.
Musk’s high-stakes deal revealed.
X, the social media platform Musk took over in 2022, is now valued at $33 billion, with a staggering $12 billion in debt attached to it.
Musk’s move to purchase the platform for $44 billion last year still stands as one of the most headline-grabbing acquisitions in tech history.
The purchase of Twitter by Musk in 2022 was nothing short of theatrical.
As if to signal a new era, Musk entered Twitter’s headquarters carrying a kitchen sink. The moment became infamous—setting the tone for what would follow.
After Musk’s takeover, chaos soon followed. Thousands of Twitter employees were laid off, only for many of them to be asked to return to their roles.
The bizarre back-and-forth felt eerily reminiscent of political shifts seen in the U.S. government, where personnel moves often happened at a dizzying pace.
Under Musk’s leadership, Twitter was rebranded to X.
The platform saw a slew of new features, including the controversial blue-tick subscription and a slew of additional tools, most notably ‘Grok,’ Musk’s AI creation.
In a surprising twist, the deal to sell X was an all-stock transaction.
The deal transfers full ownership of the platform to xAI, Musk’s artificial intelligence company, which he founded in 2023.
Musk’s bold vision for X highlighted.
On social media, Musk detailed the intertwined future of X and xAI. He stated, “Today, we officially take the step to combine the data, models, compute, distribution, and talent.”
With a dramatic flair, Musk promised that this merger would unlock “immense potential” by combining xAI’s AI expertise with X’s vast user reach. It’s a combination that he believes will radically alter the landscape of social media and technology.
Musk boldly claimed that the combined power of xAI and X will “deliver smarter, more meaningful experiences” for billions worldwide, with a core mission focused on truth and the advancement of knowledge.
In true Musk fashion, he envisions X evolving from a mere social media platform to a force that actively accelerates human progress. Musk’s declaration? This is only the beginning.
Musk didn’t forget to thank the “hardcore dedication” of his teams at both xAI and X, noting their contribution to this “transformative” moment in the tech world.
Musk also dropped a bombshell on xAI’s valuation, which he pegged at a whopping $80 billion. This makes xAI one of the most valuable AI companies in the world, despite it being less than two years old.
Musk’s move could alter the future.
Musk’s ability to control both X and xAI gives him an unprecedented level of power in the tech world. With his influence growing, the future of social media—and AI—could be more intertwined than ever before.
As Musk takes the reins of both X and xAI, the stakes have never been higher. The combination of social media and artificial intelligence could lead to new possibilities—and new challenges—for Musk and the tech world alike.
This sale is just the latest chapter in Musk’s ever-evolving narrative. Whether it will lead to a revolution in social media or AI, one thing is certain: Musk is playing the long game, and the world is watching closely.