CoinVoice has recently learned that according to a report from the UK (Financial Times), Elon Musk has fulfilled his promise by gifting shares of his artificial intelligence startup xAI to X shareholders.
Last year, Musk promised to give X shareholders 25% of the new company, but there has been little news about this promise since then. (Financial Times) On Wednesday, it was reported that in two rounds of financing for xAI, X shareholders received a quarter of the equity, with one round of financing now completed, valuing the artificial intelligence startup at $50 billion.
(Financial Times) reported that xAI stock may be enough to offset the losses X shareholders incurred from their investment in the social media platform. Since Musk took over, X's business has collapsed as advertisers have fled, leading to a significant drop in revenue. [Original link]