xAI, founded by Elon Musk, takes over social media platform X (formerly Twitter). What does this mean for users?

The world's most successful and richest person, as well as close aide to Donald Trump, Elon Musk announced on Friday the AI company he runs, AI firm, xAI, has acquired social media platform X that was previously called Twitter and was acquired in an all-stock deal worth $45 billion, which includes the debt of $12 billion that puts the value of xAI at $80 billion while X's value at $33 billion.

In this new move, Musk aims to integrate artificial intelligence and social media, combining the latest technology of xAI acquisition with its massive user base of 600 million.

Musk declared in a posting about X the idea that xAI and the future of X will be "intertwined" and that the companies will merge models, data as well as distribution of computing power, and human capital. Musk added that the newly formed entity could be worth $80 billion.

"The combined company will provide superior, better-designed experiences to billions and remain in line with our mission of pursuing truth and expanding knowledge. This will enable us to create an experience that doesn't only reflect the world, but also improves the human experience," wrote Musk.

The company that is merged, it was said, won't simply reflect the world, but also actively promote human advancement.

Musk is the head of Tesla's US Department of Government Efficiency ( DOGE) and is Tesla's CEO stated, "I would like to be grateful for the dedication and hard work of all employees who works at xAI and X which has led us to where we are today. This is only one step in the process."

Elon Musk has stated that the integration of xAI's superior AI capabilities and X's vast user base will result in better and more relevant interactions. The merger will improve the way that users interact with each other and content, Musk posted on the X.