Internet reacts as Elon Musk buys his own company from himself in X deal

TELEGRAPH INDIA

Elon Musk sparked online reactions after selling his social media platform, X, to his own AI company, xAI, in a $33 billion all-stock deal. He claimed the move would “unlock immense potential” by combining X’s user base with xAI’s AI capabilities.

However, many saw it as Musk shifting money between his own businesses, with one user joking, “Isn’t that like moving money from your left to right pocket?”

Memes flooded X, including one of Musk shaking hands with himself. Even Musk joined in, posting a meme captioned, “Good job, guys.”

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