Kamala Harris' former running mate has taken aim at South African billionaire Elon Musk, and the fact that Tesla's stocks have continued to decrease each day in recent times

In a surprising announcement, Elon Musk announced the sale of social media platform X to his xAI startup for $45 billion.

Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter. In an X post Friday, Musk said the all-stock transaction values xAI at $80 billion and X at $33 billion.

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which means they are not required to disclose their finances to the public.

The billionaire is in position to speed up plans for a voyage to the planet, with a potentially huge impact on SpaceX.

The move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” he wrote on X.

The all-stock deal values xAI at $80 billion and X at $33 billion, according to Musk’s post. The billionaire has increasingly linked the two companies, wielding user data from X to train its AI models.

Elon Musk’s social media platform X has been bought by tech billionaire’s artificial intelligence company xAI in a monster deal that values X at $33 billion.