Acquisition2025-03-28confirmed

xAI Corp. × X Corp.

Elon Musk's artificial intelligence company, xAI Corp., acquired his social media company, X Corp. (formerly Twitter), in an all-stock transaction announced on March 28, 2025. [27, 29, 32] The deal valued X Corp. at $33 billion, excluding $12 billion in debt, and the combined entity at $80 billion. [29, 45] Musk explicitly stated the purpose was to combine "data, models, compute, distribution and talent" to unlock potential by blending xAI's AI capabilities with X's massive data reach. [27, 39]

Price paid
$33B
asset price, paid once
Losing bid
Per unit
55.0000
$ / active users

The asset

The entire social media platform, including its real-time user-generated content data, for the stated purpose of training xAI's artificial intelligence models like Grok.

  • 600M active users

The record

Seller status
Going concern
Sector
social network
Modalities
text, images, video
Jurisdiction
US

What it means if you hold data

This acquisition represents one of the largest vertical integrations of a social media data firehose directly into a frontier AI lab. It formalizes the use of X's real-time public conversation data as a core, proprietary asset for training and refining xAI's Grok models, moving beyond standard licensing deals to outright ownership of the data source. [33, 39]

Sources