Elon Musk's xAI is set to acquire X in an all-stock deal valued at $80 billion, raising questions about timing due to X's current valuation of $45 billion, which includes $12 billion in debt. Musk emphasized the interconnected futures of both companies, though xAI's potential benefits from the acquisition are unclear, given it already has access to X's data for its AI training. Despite challenges, including a decline in advertising revenue for X, CEO Linda Yaccarino expressed optimism about the merger's prospects. Speculation remains on the future integration of xAI's services and management structure post-merger.
The merger of xAI and X raises questions about the timing, with X's valuation now including significant debt and reflecting a decline since Musk's acquisition.
Linda Yaccarino, CEO of X, expressed optimism about the merger, asserting that "the future could not be brighter" despite uncertainties about the merged management structure.
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