Billionaire Elon Musk announced that he had sold his social platform "X" to his artificial intelligence company "XAI" (xAI), DPA reported, quoted by BTA.
Musk specified on his "X" profile that the all-stock deal is worth $ 45 billion, including $ 12 billion in debt. According to the agreement, "XAI" is valued at $ 80 billion, while "X" is valued at $ 33 billion, he added.
„The future of "XAI and X are intertwined. Today, we are officially taking the step to combine data, models, compute, distribution and talent," he said.
“The combined company will deliver smarter, more meaningful experiences to billions of people, while staying true to our core mission of seeking truth and advancing knowledge,“ Musk said.
“This will allow us to build a platform that not only reflects the world, but also actively accelerates human progress.“
“X“ is built on the “Twitter“ service, which Musk bought in October 2022. for about $44 billion, DPA recalls.
The entrepreneur promised on his social network "Ex" to give $2 million to two voters who participated in the Wisconsin Supreme Court elections. He later deleted his tweet, notes Agence France-Presse, quoted by BTA.
"On Sunday evening, I will speak in Wisconsin. Entry will be reserved only for those who participated in the Supreme Court elections. In addition, I will personally present two checks worth $1 million to thank you for taking the time to vote," Musk said in a message published on Thursday night. It was already deleted this morning.
Later today, the billionaire posted a "clarification".
"Entry will be reserved for people who have signed the petition against activist judges," he explained.
The state of Wisconsin has a law prohibiting paying people to vote. The state Democratic Party said his initial message was "a clear illegal vote-buying program.".
The northern state will hold a Supreme Court election on April 1. Some voters are already voting early.
In the election, Judge Susan Crawford faces Brad Schimmel, the Republican-backed candidate whose victory would change the court's orientation in a conservative direction.
In addition, this election is the first electoral test of Donald Trump's second presidential term, AFP notes.
"Brad Schimmel and Elon Musk are corrupt," Crawford reacted today.
Musk, considered the richest man in the world, already offered last week to pay $100 to those who sign a petition against "activist judges", AFP recalls. At the time, Judge Crawford's team accused him of "buying a seat on the Wisconsin Supreme Court to get a favorable ruling in a lawsuit brought by the state against his company".
The company "Tesla", owned by Musk, is challenging a state decision in court that does not grant it the right to an exception to the rule that car manufacturers are not allowed to own dealerships. The case is being heard in the courts and could reach the Wisconsin Supreme Court.
Last year, during the race for the White House, Musk launched a lottery in which he offered $1 million every day to a registered voter in one of seven swing states who signed a conservative petition. At the time, the US Department of Justice reminded Donald Trump's team that it is illegal to offer a prize to a citizen for voting or registering to vote.