Elon Musk sells Social Network X to its own Artificial Intelligence Company for $ 33,000 million | The economy
Ellon Musk purchased Social Network X from Elon Musk. The world’s richest man declares corporate operation among his organizations through which his artificial intelligence agency earns XAI ancient Twitter, in 2022, bought about $ 44,000 million (41,000 million euros) with other partners. Now, the estimate of social network shares is $ 33,000 million, but if the debt is calculated, it is 45,000 million.
When buying one another by the exchange of one company shares, the values are relative. . The size of its assets and the traditional instructions of valuation is inspired. For that, the Social Network X is worth 45,000 million, of which 33,000 million for shareholders and $ 12,000 million.
There is a corporate operation Elon Musk himself declared by his social network, There he praised two businesses. “Since its foundation two years ago, XAI quickly became one of the main laboratories of the world, built by data models and centers unprecedented speeds and levels. Indicated.
Musk sees meaning to unite two companies under a single umbrella. Born in South Africa, Tycoon repeatedly used the social network to promote a grocer developed by XAI. The Artificial Intelligence Company of Elon Musk is competing with Openay, of which is co -opted before a bitter break with Musk.
Tycoon previously examined investors for XAI Financing Round with an estimated $ 75,000 million Bloomberg reported In February. Investors of XAI include Capital Sequoia, Andresen Horovitz, Fidelity Investments and BlackRock. As a result, the social network has seized about $ 1,000 million among new funds investors, which gave Musk privatized in 2022, according to the Financial Agency.
The company is also on its way to register The first year of advertising income From the purchase of the Musk. The company is expected to make $ 1,310 million ads in the United States in 2025, which indicates an increase of 17.5%, according to the IMarker Research Company. Worldwide, X’s advertising revenue is estimated to increase by 16.5%, reaching $ 2,260 million. Musk intimacy to the President of the United States, Donald Trump, This is an appropriate incentive for companies to declare again on the social network, although it transmits false information at full speed, spreading frequency frequency through the bulls and lies of musk.
“The future of XAI and X is tied to each other. Today we will officially take action to combine data, models, computer science, distribution and talent. This combination unlocks enormous ability by combining the developed range of XAI. Indica Musk. “It not only reflects the world but also allows us to create a platform that actively accelerate human progress. I want Duck.
