Musk sells X to xAI – so basically himself!

Basically Elon Musk has sold X to his own xAI firm in a deal worth $44 billion, a billion more than he himself paid, though this does include $12 billion of debt! I don’t need to say how this is a perfect example of an American debt laden run corporation while Mr Musk reaps any profits really do I?

https://edition.cnn.com/2025/03/28/business/elon-musk-sells-x-to-xai/index.html