Nonilex<p>On the <a href="https://masto.ai/tags/xAI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>xAI</span></a> purchase of <a href="https://masto.ai/tags/X" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>X</span></a> (<a href="https://masto.ai/tags/Twitter" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Twitter</span></a>)</p><p>Because both companies are privately held & controlled by <a href="https://masto.ai/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Musk</span></a>, the transaction likely amounts to a <a href="https://masto.ai/tags/stock" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>stock</span></a> swap, with X investors getting paid out in xAI shares. The companies have a number of mutual investors, including venture firms <a href="https://masto.ai/tags/AndreessenHorowitz" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AndreessenHorowitz</span></a> & <a href="https://masto.ai/tags/SequoiaCapital" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SequoiaCapital</span></a>, as well as <a href="https://masto.ai/tags/Fidelity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Fidelity</span></a> Management, <a href="https://masto.ai/tags/VyCapital" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>VyCapital</span></a> & <a href="https://masto.ai/tags/SaudiArabia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SaudiArabia</span></a>’s Kingdom Holding Co.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/SEC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SEC</span></a> <br><a href="https://www.cnbc.com/2025/03/28/elon-musk-says-xai-has-acquired-x-in-deal-that-values-social-media-site-at-33-billion.html" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/03/28/elon-musk-</span><span class="invisible">says-xai-has-acquired-x-in-deal-that-values-social-media-site-at-33-billion.html</span></a></p>