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Elon Musk said that his xAI has acquired X in an all-stock transaction for $45 billion, including $12 billion debt.
Technology
  • Reuters
  • Mar 29, 2025
Musk’s xAI buys social media platform X for $45 billion

The billionaire’s AI startup, which was launched in 2023, recently raised $6 billion from investors in a funding round that valued the company at $40 billion, sources told Reuters earlier.

Technology
  • DW
  • Mar 21, 2025
India: Musk’s X sues Modi’s government in censorship battle

The social network alleged that the Indian IT Ministry has asked other departments to use a government-run website to issue content-blockingg orders.

Billionaire Elon Musk lambasted German Chancellor, Olaf Scholz, as a “fool” and demanded his resignation, following Magdeburg attack
World
  • Web Desk
  • Dec 21, 2024
Magdeburg: Elon Musk calls German Chancellor Olaf Scholz a ‘fool’

A car ploughed into a crowd of shoppers in a Christmas market, killing two people and injuring several.

Judge rejects request to restore Elon Musk's $56 billion Tesla pay
Technology
  • Reuters
  • Sep 13, 2024
Musk calls Australian government ‘fascists’ over misinformation law

Australia’s Labour government on Thursday unveiled legislation in Parliament which could fine internet platforms up to 5 per cent of their global revenue for enabling misinformation.

Tech billionaire Elon Musk announced the closure of social media platform X's (formerly Twitter) headquarters in San Francisco, ending the company's decade-long presence in the city.
Technology
  • Web Desk
  • Aug 08, 2024
Elon Musk announces closure of ‘X’ headquarters

Musk stated that the decision was part of a broader restructuring plan to transform X into an ‘everything app,’ which will enable users to send and receive funds.

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