this post was submitted on 19 Apr 2025
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Yes, that’s what happened: https://www.forbes.com/sites/antoniopequenoiv/2025/03/28/elon-musk-says-xai-has-purchased-x-formerly-known-as-twitter-for-33-billion/
For what it’s worth, xAI is still a private company - so at least it’s not retail investors on the hook, just venture capital.