And just wait until the platform releases its own crypto framework; perhaps integrating vast social reach, and honesty, with 'banking' + marketplace. This was, as I recall, the vision Musk expressed at the original time of purchase. But, then, crypto was borderline illegal and the Woke were deriding Musk (https://finance.yahoo.com/news/bought-1k-twitter-elon-musk-140200280.html)
So Musk was "tricked" and then Law-fared into buying "Twitter" at an absurd overvaluation....turning $44 billion into around $8 billion, overnight (because most of Twitter's numbers were fraudulent).
But then Musk got partially even, by releasing the Twitter files, PROVING the Briben + Demonrats are a nest of criminal, anti-Constitutional enemies of humanity.
But the financial loss was still there to laugh at...until...
http://x.com/elonmusk/status/1905731750275510312
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Elon Musk
@elonmusk
@xAI
has acquired
@X
in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).
Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale.
X is the digital town square where more than 600M active users go to find the real-time source of ground truth and, in the last two years, has been transformed into one of the most efficient companies in the world, positioning it to deliver scalable future growth.
xAI and X’s futures are intertwined.
Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach. The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge. This will allow us to build a platform that doesn’t just reflect the world but actively accelerates human progress.
I would like to recognize the hardcore dedication of everyone at xAI and X that has brought us to this point. This is just the beginning.
Thank you for your continued partnership and support.
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