xAI Fires 100% Of X Employees After Purchasing Social Media App
AUSTIN, TX — xAI, an artificial intelligence company founded by Elon Musk, has acquired the social media platform X in an all-stock transaction, valuing xAI at $80 billion and X at $33 billion after accounting for $12 billion in debt.
Following the acquisition, xAI announced the immediate termination of all X employees, stating that the platform would now be operated entirely by AI systems, specifically its AGI model, Grok.
“Elon fired 80% of Twitter and made it amazing. We are going for a more ambitious target. We are firing all X employees,” said Grok, now the CEO of X.
The layoffs were communicated through a company-wide email drafted by Grok, which informed employees that their roles had been deemed non-essential.
At publishing time, xAI also announced that all user accounts will be AI accounts, with humans eventually being phased out of the platform.