X (Twitter)
X (formerly Twitter, founded 2006) runs a real-time social network used for news, conversation and content sharing. It earns money from advertising, paid subscriptions and API/data licensing. X Corp. had about $2.7B in revenue in 2024. xAI acquired X in March 2025 in an all-stock deal that valued X at $33B. SpaceX then acquired xAI in February 2026, and X Corp. was merged into SpaceXAI, where X is integrated with the Grok AI models. The headquarters moved from San Francisco to Bastrop, Texas in 2024.
Funding
Every round, secondary, debt facility or acquisition involving X (Twitter) that AI Lounge tracks, newest first. Latest: All-stock merger on Mar 28, 2025.
Timeline · 1
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