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	<title type="text">The entire story of Twitter / X under Elon Musk &#8211; The Verge</title>
	<subtitle type="text">The Verge is about technology and how it makes us feel. Founded in 2011, we offer our audience everything from breaking news to reviews to award-winning features and investigations, on our site, in video, and in podcasts.</subtitle>

	<updated>2026-04-22T09:40:37+00:00</updated>

	<link rel="alternate" type="text/html" href="https://www.theverge.com/2022/4/11/23019836/elon-musk-twitter-board-of-directors-news-updates" />
	<id>https://www.theverge.com/rss/stream/22783877</id>
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	<icon>https://platform.theverge.com/wp-content/uploads/sites/2/2025/01/verge-rss-large_80b47e.png?w=150&amp;h=150&amp;crop=1</icon>
		<entry>
			
			<author>
				<name>Richard Lawler</name>
			</author>
			
			<title type="html"><![CDATA[SpaceX cuts a deal to maybe buy Cursor for $60 billion]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/science/916427/spacex-cursor-potential-deal-acquisition" />
			<id>https://www.theverge.com/?p=916427</id>
			<updated>2026-04-22T05:40:37-04:00</updated>
			<published>2026-04-21T18:45:37-04:00</published>
			<category scheme="https://www.theverge.com" term="AI" /><category scheme="https://www.theverge.com" term="Business" /><category scheme="https://www.theverge.com" term="Elon Musk" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Science" /><category scheme="https://www.theverge.com" term="Space" /><category scheme="https://www.theverge.com" term="SpaceX" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" /><category scheme="https://www.theverge.com" term="xAI" />
							<summary type="html"><![CDATA[With an IPO looming for Elon Musk's SpaceX / xAI / X combo platter of companies, SpaceX has announced an odd arrangement to either acquire the automated programming platform Cursor for $60 billion or pay a fee of $10 billion. Buying this startup that's focused on AI coding could help xAI's tools compete with market [&#8230;]]]></summary>
			
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<img alt="Photo of rocket launch with SpaceX logo." data-caption="" data-portal-copyright="Image: Cath Virginia / The Verge, Getty Images" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/05/STKB355_SPACEX_C.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">With an <a href="https://www.theverge.com/science/915244/spacex-ipo-trillion-dollar-commercial-iss-nasa-launch">IPO looming for Elon Musk's SpaceX / xAI / X combo platter of companies</a>, SpaceX has announced an odd arrangement to either acquire the automated programming platform Cursor for $60 billion or pay a fee of $10 billion. Buying this startup that's focused on AI coding could help xAI's tools compete with market leader Anthropic, as well as the other competitors. A report by <em><a href="https://www.theinformation.com/articles/google-creates-strike-team-improve-coding-models">The Information</a></em> this week said Sergey Brin has directed Google's "strike team" to <a href="https://www.theverge.com/tech/914996/sergey-brin-said-google-needs-to-catch-up-to-anthropic-on-ai-coding-agents">help its agentic AI tools catch up</a>, while Sam Altman reportedly declared <a href="https://www.theverge.com/news/836212/openai-code-red-chatgpt">a "code red"</a> at OpenAI last year before shutting down Sora to focus on the ChatGPT superapp and its own <a href="https://www.theverge.com/ai-artificial-intelligence/913034/openai-codex-updates-use-macos">Codex</a> too …</p>
<p><a href="https://www.theverge.com/science/916427/spacex-cursor-potential-deal-acquisition">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Jay Peters</name>
			</author>
			
			<title type="html"><![CDATA[Jury finds Elon Musk&#8217;s &#8216;stupid tweets&#8217; caused Twitter investors&#8217; losses]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/tech/898511/elon-musk-twitter-lawsuit" />
			<id>https://www.theverge.com/?p=898511</id>
			<updated>2026-03-25T18:05:42-04:00</updated>
			<published>2026-03-20T19:46:30-04:00</published>
			<category scheme="https://www.theverge.com" term="Elon Musk" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" />
							<summary type="html"><![CDATA[A California jury determined that Elon Musk misled Twitter investors before making a $44 billion deal to buy the company in 2022, reports CNBC. The New York Times reports that Musk had testified this month that he didn't believe his posts would spook markets, but he did say that "If this was a trial about [&#8230;]]]></summary>
			
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<img alt="Elon Musk shown looking downward in front of upside-down Twitter logos." data-caption="" data-portal-copyright="Illustration: Laura Normand / The Verge" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/24090215/STK171_VRG_Illo_1_Normand_ElonMusk_001.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">A California jury determined that Elon Musk misled Twitter investors before making a $44 billion deal to buy the company in 2022, <a href="https://www.cnbc.com/2026/03/20/elon-musk-determined-to-be-liable-for-misleading-twitter-investors.html">reports CNBC</a>. <em>The New York Times</em> <a href="https://www.nytimes.com/2026/03/20/technology/elon-musk-twitter-shareholders-verdict.html?smid=nytcore-ios-share">reports that</a> Musk had testified this month that he didn't believe his posts would spook markets, but he did say that "If this was a trial about whether I made stupid tweets, I would say I'm guilty."</p>
<p class="has-text-align-none">CNBC reports Musk's attorneys are expected to file an appeal, as damages could reach as high as $2.6 billion, according to attorneys representing the plaintiffs.</p>
<p class="has-text-align-none">While finding that Musk did not engage in a specific scheme to defraud shareholders, the jury cited two of Musk's tweets, f …</p>
<p><a href="https://www.theverge.com/tech/898511/elon-musk-twitter-lawsuit">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Stevie Bonifield</name>
			</author>
			
			<title type="html"><![CDATA[X is still having issues following an hour-long outage on Friday]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/news/863425/x-twitter-outage-january-16th-2026" />
			<id>https://www.theverge.com/?p=863425</id>
			<updated>2026-01-16T12:09:05-05:00</updated>
			<published>2026-01-16T12:09:05-05:00</published>
			<category scheme="https://www.theverge.com" term="AI" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Social Media" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" /><category scheme="https://www.theverge.com" term="xAI" />
							<summary type="html"><![CDATA[On Friday morning, X and Grok went offline for users around the world on both the websites and apps. Outage reports began spiking on DownDetector around 10:00AM ET, while Cisco's ThousandEyes outage map noted over 600 X servers around the world that were having problems. Attempts to load the site with either the Twitter.com or [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/06/STK160_X_TWITTER__C.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">On Friday morning, X and Grok went offline for users around the world on both the websites and apps. Outage reports began spiking on <a href="https://downdetector.com/status/twitter/">DownDetector</a> around 10:00AM ET, while Cisco's <a href="https://www.thousandeyes.com/outages/">ThousandEyes outage map</a> noted over 600 X servers around the world that were having problems.</p>
<p class="has-text-align-none">Attempts to load the site with either the <a href="http://twitter.com">Twitter.com</a> or <a href="http://x.com">X.com</a> addresses were showing a Cloudflare connection error or failing to show any posts or feeds initially. It's currently unclear what caused the outage, and while the site is back up for many users, it's still not working normally yet, frequently displaying "Something went wrong. Try reloading."</p>
<p class="has-text-align-none">The website and app …</p>
<p><a href="https://www.theverge.com/news/863425/x-twitter-outage-january-16th-2026">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Stevie Bonifield</name>
			</author>
			
			<title type="html"><![CDATA[X is getting closer to removing the last reminders of Twitter]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/news/807011/twitter-com-x-com-login-security-key-passkey-domain" />
			<id>https://www.theverge.com/?p=807011</id>
			<updated>2025-10-27T11:13:00-04:00</updated>
			<published>2025-10-27T11:13:00-04:00</published>
			<category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" />
							<summary type="html"><![CDATA[X is preparing to put Twitter.com out to pasture, and the official @Safety account posted on Friday warning anyone using physical security keys or passkeys for 2FA that they will need to re-enroll them. According to X, if the login methods aren't updated by November 10th, the associated accounts will be locked until the update [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/24805886/STK160_X_Twitter_004.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">X is preparing to put Twitter.com out to pasture, and the official @Safety account posted on Friday warning anyone using physical security keys or passkeys for 2FA that they will need to re-enroll them. According to X, if the login methods aren't updated by November 10th, the associated accounts <a href="https://x.com/Safety/status/1981764503298777326">will be locked</a> until the update process is completed, and abandoned accounts could <a href="https://www.theverge.com/news/802474/x-is-launching-a-marketplace-for-inactive-handles">possibly be sold</a>.</p>
<p class="has-text-align-none">Active users with keys attached to their accounts have been getting notifications about the impending change for a while, and the X Safety team explained the process in a <a href="https://x.com/Safety/status/1982278858457174522">clarification post</a>: "This change is not related to any security concern, and on …</p>
<p><a href="https://www.theverge.com/news/807011/twitter-com-x-com-login-security-key-passkey-domain">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Emma Roth</name>
			</author>
			
			<title type="html"><![CDATA[Elon Musk&#8217;s xAI is suing OpenAI and Apple]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/news/765171/elon-musk-apple-openai-antitrust-lawsuit" />
			<id>https://www.theverge.com/?p=765171</id>
			<updated>2025-08-25T12:41:16-04:00</updated>
			<published>2025-08-25T12:15:50-04:00</published>
			<category scheme="https://www.theverge.com" term="AI" /><category scheme="https://www.theverge.com" term="Elon Musk" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="OpenAI" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" /><category scheme="https://www.theverge.com" term="xAI" />
							<summary type="html"><![CDATA[Elon Musk is suing Apple and OpenAI over claims that their deal to build ChatGPT into the iPhone is stifling competition in the AI industry. In a lawsuit filed on Monday, the Musk-owned X Corp. and xAI also accuse Apple's Apple Store of "deprioritizing" rival chatbots and "super" apps, including Grok and X. Musk's companies [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/04/STK171_VRG_Illo_16_Normand_ElonMusk_16.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">Elon Musk is suing Apple and OpenAI over claims that their deal to build ChatGPT into the iPhone is stifling competition in the AI industry. In <a href="https://www.documentcloud.org/documents/26073662-xai-vs-apple-and-openai/">a lawsuit filed on Monday</a>, the Musk-owned X Corp. and xAI also accuse Apple's Apple Store of "deprioritizing" rival chatbots and "super" apps, including Grok and X.</p>
<p class="has-text-align-none">Musk's companies claim that iPhone users "have no reason" to download third-party AI apps because the company "force[s]" users to use ChatGPT as their default chatbot app when enabling Apple Intelligence. "Apple and OpenAI have locked up markets to maintain their monopolies and prevent innovators like X and xAI from competing," the compa …</p>
<p><a href="https://www.theverge.com/news/765171/elon-musk-apple-openai-antitrust-lawsuit">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Jay Peters</name>
			</author>
			
			<title type="html"><![CDATA[X’s CEO is out after failing at basically everything she claimed she wanted]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/twitter/703606/x-ceo-linda-yaccarino-elon-musk-out-step-down-twitter" />
			<id>https://www.theverge.com/?p=703606</id>
			<updated>2025-07-10T14:24:53-04:00</updated>
			<published>2025-07-10T08:00:00-04:00</published>
			<category scheme="https://www.theverge.com" term="Analysis" /><category scheme="https://www.theverge.com" term="Elon Musk" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" />
							<summary type="html"><![CDATA[Linda Yaccarino is stepping down as X's CEO - and leaving the platform once known as Twitter in a worse place than when she started. A day after X users circulated viral screenshots of the company's Grok chatbot denigrating Jews and declaring itself "MechaHitler," Yaccarino thanked Elon Musk for "entrusting me with the responsibility of [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="Image: The Verge / Getty Images" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/07/257853_Linda_Yaccarino_leaving_X_CVirginia.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
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<p class="has-drop-cap has-text-align-none">Linda Yaccarino is stepping down as X's CEO - and leaving the platform once known as Twitter in a worse place than when she started.</p>
<p class="has-text-align-none">A day after X users circulated viral screenshots of the company's Grok chatbot denigrating Jews and declaring itself "MechaHitler," Yaccarino <a href="https://x.com/lindayaX/status/1942957094811951197">thanked Elon Musk</a> for "entrusting me with the responsibility of protecting free speech, turning the company around, and transforming X into the Everything App." She said that the platform started "the critical early work necessary to prioritize the safety of our users-especially children" and that the X Money payment platform would be arriving "soon."</p>
<p class="has-text-align-none">But in the spirit  …</p>
<p><a href="https://www.theverge.com/twitter/703606/x-ceo-linda-yaccarino-elon-musk-out-step-down-twitter">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Jay Peters</name>
			</author>
			
			<title type="html"><![CDATA[X CEO Linda Yaccarino is stepping down after two years]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/news/702653/x-ceo-linda-yaccarino-elon-musk" />
			<id>https://www.theverge.com/?p=702653</id>
			<updated>2025-07-13T10:02:38-04:00</updated>
			<published>2025-07-09T10:56:05-04:00</published>
			<category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" />
							<summary type="html"><![CDATA[Linda Yaccarino is stepping down as CEO of X after two years running the company, she announced today. She was appointed its CEO in the year after Elon Musk bought and renamed the company previously known as Twitter - so far, there is no word on who will replace her. "When @elonmusk and I first [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/07/gettyimages-2194973114.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">Linda Yaccarino is stepping down as CEO of X after two years running the company, <a href="https://x.com/lindayaX/status/1942957094811951197">she announced today</a>. She was appointed its CEO in the year after Elon Musk bought and renamed the company previously known as Twitter - so far, there is no word on who will replace her.</p>
<p class="has-text-align-none">"When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company," Yaccarino said. "I'm immensely grateful to him for entrusting me with the responsibility of protecting free speech, turning the company around, and transforming X into the Everything App."</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-dnt="true"><p lang="en" dir="ltr">After two incredible years,  …</p></blockquote></div></figure>
<p><a href="https://www.theverge.com/news/702653/x-ceo-linda-yaccarino-elon-musk">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Jay Peters</name>
			</author>
			
			<title type="html"><![CDATA[Grok really wanted people to know that claims of white genocide in South Africa are highly contentious]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/news/667179/x-twitter-grok-ai-white-genocide-claims" />
			<id>https://www.theverge.com/?p=667179</id>
			<updated>2025-05-16T11:56:39-04:00</updated>
			<published>2025-05-14T15:17:29-04:00</published>
			<category scheme="https://www.theverge.com" term="AI" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" />
							<summary type="html"><![CDATA[Grok, the AI model from Elon Musk's xAI, was sending strange responses to people on X earlier on Wednesday. In responses to a number of people, Grok focused on debunking claims of white genocide in South Africa - even when tagged into a post about totally unrelated topics. Check out this thread to get an [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/05/STK262_GROK_B_B.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">Grok, the AI model from Elon Musk's xAI, was sending strange responses to people on X earlier on Wednesday. In responses to a number of people, Grok focused on debunking claims of white genocide in South Africa - even when tagged into a post about totally unrelated topics.</p>
<p class="has-text-align-none">Check out <a href="https://x.com/MikeIsaac/status/1922704758608900479">this thread</a> to get an idea of what was going on. One person posted a video of a cat in a sink reacting to droplets from a faucet. <em>New York Times</em> tech reporter Mike Isaac tagged Grok <a href="https://x.com/MikeIsaac/status/1922704758608900479">and asked</a> "is this true." Here is <a href="https://x.com/grok/status/1922705535171953126">Grok's reply</a>:</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="has-text-align-none">The claim of white genocide in South Africa is highly contentious and lacks credible evidence. Official data shows farm attacks are  …</p></blockquote>
<p><a href="https://www.theverge.com/news/667179/x-twitter-grok-ai-white-genocide-claims">Read the full story at The Verge.</a></p>
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									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Jess Weatherbed</name>
			</author>
			
			<title type="html"><![CDATA[X fixed its broken notifications after an overnight outage]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/news/664139/x-notifications-broken-new-posts" />
			<id>https://www.theverge.com/?p=664139</id>
			<updated>2025-05-09T11:42:59-04:00</updated>
			<published>2025-05-09T10:19:49-04:00</published>
			<category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" />
							<summary type="html"><![CDATA[Some parts of the notification for X, formerly known as Twitter, have been down since Thursday afternoon, preventing users from getting an alert when certain accounts they follow have posted something new. User reports can be seen across Reddit, Downdetector, and X, and my colleagues at The Verge have noticed zero new notifications even with [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/02/STK160_X_TWITTER_2__C.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">Some parts of the notification for X, formerly known as Twitter, have been down since Thursday afternoon, preventing users from getting an alert when certain accounts they follow have posted something new. User reports can be seen <a href="https://www.reddit.com/r/Twitter/comments/1ki61xt/x_notifications_just_stopped_working/">across Reddit</a>, <a href="https://downdetector.com/status/twitter/">Downdetector</a>, and <a href="https://x.com/ValleyOakAcorn/status/1920801677881303477">X</a>, and my colleagues at <em>The Verge</em> have noticed zero new notifications even with alerts enabled on accounts that have posted multiple times since yesterday.</p>
<p class="has-text-align-none">We haven't seen a public response or comment from X, but at around 11AM ET, the notifications appear to have resumed, based on our observations and reports across social media.</p>
<p class="has-text-align-none">Outside of hindering updates from celebrities, inf …</p>
<p><a href="https://www.theverge.com/news/664139/x-notifications-broken-new-posts">Read the full story at The Verge.</a></p>
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			<entry>
			
			<author>
				<name>Richard Lawler</name>
			</author>
			
			<title type="html"><![CDATA[Elon Musk’s xAI buys Elon Musk’s X for $33 billion on paper]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/news/638933/elon-musk-x-xai-acquisition" />
			<id>https://www.theverge.com/?p=638933</id>
			<updated>2025-03-31T08:40:48-04:00</updated>
			<published>2025-03-28T17:44:16-04:00</published>
			<category scheme="https://www.theverge.com" term="AI" /><category scheme="https://www.theverge.com" term="Business" /><category scheme="https://www.theverge.com" term="Elon Musk" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Twitter - X" />
							<summary type="html"><![CDATA[A few years after buying Twitter for $44 billion, Elon Musk announced that his AI business xAI has acquired the social media platform X, formerly known as Twitter. In a tweet, he described it as an all-stock transaction, valuing xAI at $80 billion and X at $33 billion, including $12 billion in debt it had [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="Image: The Verge" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/25362103/STK262_GROK_XAI__A.png?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">A few years after <a href="https://www.theverge.com/2022/10/27/23184519/elon-musk-twitter-acquisition-deal-complete-agreement">buying Twitter</a> for $44 billion, Elon Musk <a href="https://x.com/elonmusk/status/1905731750275510312">announced</a> that his AI business xAI has acquired the social media platform X, formerly known as Twitter. In a tweet, he described it as an all-stock transaction, valuing xAI at $80 billion and X at $33 billion, including $12 billion in debt it had <a href="https://www.theverge.com/2022/11/2/23437120/elon-musk-twitter-product-subscription-verification-revenue-debt-finance">as part of his takeover</a>. "This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach," writes Musk.</p>
<p class="has-text-align-none">In response to a deal cementing about $11 billion in lost value since the 2022 sale, X CEO Linda Yaccarino <a href="https://x.com/lindayaX/status/1905737074298572880">posted</a>, "The future could not be brighter."</p>
<p class="has-text-align-none">Despite failing so far  …</p>
<p><a href="https://www.theverge.com/news/638933/elon-musk-x-xai-acquisition">Read the full story at The Verge.</a></p>
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