AOL Time Warner for the modern age
Text version: https://pivot-to-ai.com/2025/03/30/elon-musk-merges-xai-and-twitter-the-new-aol-time-warner/
@xAI has acquired @X in an all-stock transaction https://x.com/elonmusk/status/1905731750275510312
Musk's xAI Discussing $10 Billion Raise at $75 Billion Valuation https://www.bloomberg.com/news/articles/2025-02-14/musk-s-xai-discussing-10-billion-raise-at-75-billion-valuation
Musk's social media firm X bought by his AI company, valued at $33 billion https://www.reuters.com/markets/deals/musks-xai-buys-social-media-platform-x-45-billion-2025-03-28/
Scoop: Fidelity marks up the value of its stake in Elon Musk's X https://www.axios.com/2024/12/01/elon-musk-x-fidelity-mark-up
Elon Musk's Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis https://www.wsj.com/tech/elon-musks-twitter-takeover-is-now-the-worst-buyout-for-banks-since-the-financial-crisis-3f4272cb
Musk's xAI Startup Swallows Up X Social Network in Surprise Deal https://www.bloomberg.com/news/articles/2025-03-28/musk-says-that-his-xai-startup-has-acquired-x-for-33-billion
How the AOL-Time Warner Merger Went So Wrong (2010) https://www.nytimes.com/2010/01/11/business/media/11merger.html
Previously:
Welcome to Twitter, Mr. Musk! Here's your accordion https://davidgerard.co.uk/blockchain/2022/11/03/welcome-to-twitter-mr-musk-heres-your-accordion/
If Twitter goes down, where will crypto Twitter migrate to? https://davidgerard.co.uk/blockchain/2022/11/22/if-twitter-goes-down-where-will-crypto-twitter-migrate-to/
Twitter's decline continues — follow me on Mastodon https://davidgerard.co.uk/blockchain/2022/12/16/twitters-decline-continues-follow-me-on-mastodon/
Remarkable bird, the South African Blue, idn'it, ay? Beautiful plumage! https://davidgerard.co.uk/blockchain/2023/07/02/crypto-collapse-trueusd-in-trouble-prime-trust-and-banq-go-down-europe-hates-binance-blockfi-terra-luna-twitter-is-just-resting/
The Morgan Stanley era of Twitter https://davidgerard.co.uk/blockchain/2023/11/02/crypto-collapse-bankman-fried-trial-draws-to-a-close-safemoon-arrested-fourth-us-bank-failure-was-crypto/
Buy me nice things: https://www.amazon.co.uk/hz/wishlist/ls/3Q8VZW46J6DM6
Send money! It's very helpful!
Patreon: https://www.patreon.com/davidgerard
Ko-Fi: https://ko-fi.com/A1529D5
