AI startup xAI acquires X in $33bn stock deal: Elon Musk

New Delhi, March 29 : Billionaire Elon Musk has announced his artificial intelligence company, xAI, has acquired social media platform X for an all-stock transaction of $33 billion. The combination, which “values xAI at $80 billion and X at $33 billion ($45B less $12B debt),” will “unlock the immense potential” It will blend “xAI’s advanced…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Latest News

New Zealand opens all tariff lines to Indian goods under FTA

NEW DELHI, 20 October — The India–New Zealand...

India invests while China exports its way

NEW DELHI, 19 October 2026 — The headline gap...

The Week in Review: prices up, capital in

MUMBAI, 18 October 2026 — Two numbers framed the...

A 30% margin cap reprices 137 cancer drugs

NEW DELHI, 18 October 2026 — From 9 November...

NRI deposits post sharp August surge to $83 billion

MUMBAI, 17 October — Net deposits by non-resident...

Topics

New Zealand opens all tariff lines to Indian goods under FTA

NEW DELHI, 20 October — The India–New Zealand...

India invests while China exports its way

NEW DELHI, 19 October 2026 — The headline gap...

The Week in Review: prices up, capital in

MUMBAI, 18 October 2026 — Two numbers framed the...

A 30% margin cap reprices 137 cancer drugs

NEW DELHI, 18 October 2026 — From 9 November...

NRI deposits post sharp August surge to $83 billion

MUMBAI, 17 October — Net deposits by non-resident...

String of missile attacks

NEW DELHI: Saudi Arabia has launched an investigation to...

Maritime guardians

NEW DELHI: Lighthouse tourism in India has risen from...

US sanctions ICC

US President Donald Trump's administration imposed sanctions on the...
spot_img