Why Billionaire Elon Musk Sold X at $12 Billion Loss, And Why He Doesn’t Care? | NDTV World
Elon Musk has made another game-changing move, his AI company, xAI, has taken over X (formerly Twitter) in a $33 billion stock-only deal. Musk just offloaded X, taking a staggering $12 billion hit-but for him, it's just pocket change. Was this a miscalculation or a strategic masterstroke? Why sell X for less than what he paid? Is this part of Musk's long-term AI domination plan? NDTV's Riddhima Kedia brings you more on this.
