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Musk’s xAI Acquires X, Valuing Social Media Platform at $33 Billion

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Elon Musk’s artificial intelligence company, xAI, has acquired X (formerly Twitter) in a deal that values the social media platform at $33 billion. This acquisition also boosts the valuation of xAI to $80 billion, with plans to leverage the combined assets, including data, models, and computing resources, to enhance xAI’s chatbot, Grok.

Musk, who also leads Tesla and SpaceX, emphasized the synergy between xAI and X, stating that the futures of both companies are now intertwined. While the specifics of the deal, including leadership integration and potential regulatory scrutiny, remain unclear, it marks a significant consolidation of Musk’s companies under his leadership.

Saudi Arabian investor Prince Alwaleed bin Talal, a major stakeholder in both X and xAI, welcomed the deal, estimating that the value of his investments would reach between $4 billion and $5 billion. Despite Musk not seeking investor approval beforehand, sources indicate that the deal is viewed as part of Musk’s strategy to consolidate his influence and management at his companies.

xAI, which competes with major players like OpenAI and China’s DeepSeek, has been expanding rapidly, especially in AI infrastructure, with its supercomputer “Colossus” in Memphis touted as the largest in the world. The merger with X could provide xAI with more avenues for distributing its AI products, tapping into a real-time feed of user-generated data.

India Criticises X for Labeling Compliance Website a “Censorship Tool”

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India has sharply criticized Elon Musk’s X for referring to an official government website as a “censorship portal.” The site is intended to help tech companies quickly address harmful online content. This dispute escalates tensions between X and the Indian government, particularly as Musk prepares to expand his ventures, Starlink and Tesla, in the country.

The controversy began after X filed a lawsuit in March 2025, challenging the Indian government’s initiative. India’s Ministry of Information Technology responded by calling the use of the “censorship” terminology “unfortunate and condemnable.” The ministry further argued that the concerns raised by X were groundless, stating that the website’s purpose was to notify companies about their due diligence obligations, not to issue content-blocking orders.

X, however, claims that the website allows government officials to easily remove content and that India’s new system unlawfully broadens censorship powers. The conflict highlights growing tensions over content regulation as tech companies navigate varying international laws.

eddit and X Back Online After Outages Disrupt U.S. Users

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Social media platforms X and Reddit have both recovered from outages that affected thousands of users across the United States on Thursday, according to data from outage tracking website Downdetector.com. The disruptions impacted users’ access to the sites for several hours before services were restored.

Reddit acknowledged the issue on its status page, noting that degraded performance started at approximately 3:16 p.m. ET. At the height of the outage, more than 33,000 incidents were reported, as tracked by Downdetector, which aggregates user-submitted reports.

A Reddit spokesperson explained that the issue was caused by a bug in a recent update, which has since been resolved, restoring the platform’s functionality.

Meanwhile, X also experienced a similar disruption, with about 18,000 outage reports at its peak. The disruption for the platform, owned by Elon Musk, began around 3:03 p.m. ET. X has yet to provide an official comment regarding the issue.

Though the reports are based on user submissions, the exact number of affected users is difficult to determine. Both platforms have since resumed normal service.