TLDR · BIG TECH & STARTUPS
HOW ELON MUSK RESCUED X FROM THE BRINK
Summary from the TLDR newsletter
Late last month, Elon Musk announced that he was merging X with xAI in a deal that valued the newly combined company at more than $100 billion. This article reveals the string of events that helped Musk announce the deal before Trump's tariffs effectively closed the market for deals. The deal moves Musk closer to his longtime goal of turning X into an 'everything app'. The combined company will initially focus on more tightly embedding xAI's Grok chatbot into X, making it more central to the app experience.