Musk offers shares of AI company to investors in acquisition of social media platform

According to reports, Musk has offered investors supporting his $44 billion acquisition of the social media platform a 25% stake in his artificial intelligence company xAI. The company was founded last year with the goal of competing with other leading artificial intelligence firms.

According to sources, xAI is about to complete a new round of $5 billion financing, with its valuation doubling in just six months to $50 billion. After this round of financing, xAI will have raised approximately $11 billion in total to develop AI models and build one of the largest supercomputer clusters in the world.

This development means that, due to the significant rise in value of this emerging company, some of Musk's supporters are expected to gain considerable returns by holding xAI shares. These investors had faced billions of dollars in paper losses in previous social media platform acquisition deals.

This move may not only alleviate investors' losses but also highlight Musk's ambitious vision in the field of artificial intelligence. With the rapid development of xAI, the industry is full of expectations for its future performance and market competitiveness.