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Not directly, but the article does put a lot of weight on this, saying that investors feel more secure after the xAI valuation. > "It also improved after Musk
by thinkingemote 2y ago
Not directly, but the article does put a lot of weight on this, saying that investors feel more secure after the xAI valuation.
> "It also improved after Musk gave a 25 per cent stake in his artificial intelligence start-up xAI to investors in the social media company early last year. xAI has obtained a valuation of $45bn, and the novel arrangement has provided new security to X’s lenders and boosted the platform’s valuation."