Elon Musk Accused of "Money Laundering" After Selling X

Elon Musk’s time as owner of X, formerly Twitter, is reportedly over, but before you celebrate, it sounds like his slimy tentacles will still be all over the platform. Spotted on the New York Times, Elon Musk claims he sold X to xAI, the artificial intelligence startup the Tesla chief founded in 2023. Yes, if you’re wondering if there are potential conflicts of interest, you’re not far off in your thinking. According to the website, it’s an all-stock deal, with xAI valued at $80 billion and the mess that is X worth $30 billion. This is $14 billion cheaper than when Phony Stark reluctantly acquired the platform, then called Twitter, for $44 billion in 2022.

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.