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Nonilex<p>On the <a href="https://masto.ai/tags/xAI" class="mention hashtag" rel="tag">#<span>xAI</span></a> purchase of <a href="https://masto.ai/tags/X" class="mention hashtag" rel="tag">#<span>X</span></a> (<a href="https://masto.ai/tags/Twitter" class="mention hashtag" rel="tag">#<span>Twitter</span></a>)</p><p>Because both companies are privately held &amp; controlled by <a href="https://masto.ai/tags/Musk" class="mention hashtag" rel="tag">#<span>Musk</span></a>, the transaction likely amounts to a <a href="https://masto.ai/tags/stock" class="mention hashtag" rel="tag">#<span>stock</span></a> swap, with X investors getting paid out in xAI shares. The companies have a number of mutual investors, including venture firms <a href="https://masto.ai/tags/AndreessenHorowitz" class="mention hashtag" rel="tag">#<span>AndreessenHorowitz</span></a> &amp; <a href="https://masto.ai/tags/SequoiaCapital" class="mention hashtag" rel="tag">#<span>SequoiaCapital</span></a>, as well as <a href="https://masto.ai/tags/Fidelity" class="mention hashtag" rel="tag">#<span>Fidelity</span></a> Management, <a href="https://masto.ai/tags/VyCapital" class="mention hashtag" rel="tag">#<span>VyCapital</span></a> &amp; <a href="https://masto.ai/tags/SaudiArabia" class="mention hashtag" rel="tag">#<span>SaudiArabia</span></a>’s Kingdom Holding Co.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="tag">#<span>law</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="tag">#<span>securities</span></a> <a href="https://masto.ai/tags/SEC" class="mention hashtag" rel="tag">#<span>SEC</span></a> <br /><a href="https://www.cnbc.com/2025/03/28/elon-musk-says-xai-has-acquired-x-in-deal-that-values-social-media-site-at-33-billion.html" target="_blank" rel="nofollow noopener noreferrer" translate="no"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/03/28/elon-musk-</span><span class="invisible">says-xai-has-acquired-x-in-deal-that-values-social-media-site-at-33-billion.html</span></a></p>
HistoPol (#HP) 🏴 🇺🇸 🏴<p><span class="h-card" translate="no"><a href="https://mstdn.social/@Npars01" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>Npars01</span></a></span> <span class="h-card" translate="no"><a href="https://sauropods.win/@mike" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>mike</span></a></span> </p><p><a href="https://mastodon.social/tags/X" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>X</span></a> <a href="https://mastodon.social/tags/Legal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Legal</span></a> <a href="https://mastodon.social/tags/InvestorsUnsealed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InvestorsUnsealed</span></a></p><p>(3/n)</p><p>...<a href="https://mastodon.social/tags/LarryEllison" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LarryEllison</span></a>, the <a href="https://mastodon.social/tags/Oracle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Oracle</span></a> founder and one of the richest people in the world, along with <a href="https://mastodon.social/tags/SeanCombs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SeanCombs</span></a> Capital (yup). There’s <a href="https://mastodon.social/tags/VyCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VyCapital</span></a>, the <a href="https://mastodon.social/tags/UAE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UAE</span></a>-based venture capital firm, and something called <a href="https://mastodon.social/tags/QTetris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>QTetris</span></a> Holdings LLC, whose directors seem to be part of the <a href="https://mastodon.social/tags/Qatari" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Qatari</span></a> government. <a href="https://mastodon.social/tags/Binance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Binance</span></a>, the global crypto giant which recently paid a $4.3 billion fine to the <a href="https://mastodon.social/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> government for facilitating money laundering by terrorist groups...</p>