Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday.
A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, and Vy Capital, among others.
They owned it ever since Elon bought it, why do you think Elon was hanging out at the soccer world cup with Kushner and a bunch of high profile Saudi royals shortly before the purchase. They’re backers.
He just announced four days ago that they’re going to launch Tesla dealerships and have a big launch party April 10th in Saudi for the first time ever. Not because SA need or want them (they buy very few EVs as their domestic petrol prices are very cheap), but because they’re stepping up to help his company during its current global dire sales downturn.
They’ve been close allies with Elon for a long time.
Since it’s a money hole just like all of the other “AI” companies, who’s funding xAI and what are they getting out of being a slush fund for musk?
xAI’s Partners:
https://www.glopedia.org/wiki/xai-company
So Saudi’s etc now officially own Twitter.
They owned it ever since Elon bought it, why do you think Elon was hanging out at the soccer world cup with Kushner and a bunch of high profile Saudi royals shortly before the purchase. They’re backers.
He just announced four days ago that they’re going to launch Tesla dealerships and have a big launch party April 10th in Saudi for the first time ever. Not because SA need or want them (they buy very few EVs as their domestic petrol prices are very cheap), but because they’re stepping up to help his company during its current global dire sales downturn.
They’ve been close allies with Elon for a long time.