Musk's XAI deal offers unexpected win for X investors [Los Angeles Times (CA)]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
Check Earnings Report
US:NASDAQ Investor Relations:
abc.xyz/investor
Company Research
Source: Los Angeles Times
Musk, the world's richest person, on March 28 used his artificial intelligence startup, xAI, to purchase his social media platform in an all-stock deal that values X at $33 billion, not including debt. The new joint entity, which will be called XAI Holdings, has a value of more than $100 billion, again excluding debt, Bloomberg News reported The deal was a surprise, but not necessarily shocking: The two businesses have worked together closely since xAI's founding in 2023, including on data licensing and product distribution for xAI's chatbot, Grok . They also share many of the same investors, and in some cases, employees even share office space in Palo Alto, California. The transaction valued xAI at $80 billion, Musk said — a jump from a valuation of about $50 billion in November, the last time the company raised money from investors. The $33 billion equity value of X in the deal is about the same as its valuation in a recently closed funding round , and also close to Musk's ta
Show less
Read more
Impact Snapshot
Event Time:
GOOG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GOOG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GOOG alerts
High impacting Alphabet Inc. - Class C Capital Stock news events
Weekly update
A roundup of the hottest topics
GOOG
News
- Sequoia partner spreads debunked Brown shooting theory, testing new leadership [TechCrunch]TechCrunch
- Ex-Splunk execs' startup Resolve AI hits $1 billion valuation with Series A [Yahoo! Finance]Yahoo! Finance
- Ex-Splunk execs' startup Resolve AI hits $1 billion valuation with Series A [TechCrunch]TechCrunch
- ?????????!DMM GAMES??????????†?????PF????????????! [CNET News]CNET News
- Where are investors placing their bets next year? AI, AI, AI. [TechCrunch]TechCrunch
GOOG
Earnings
- 10/29/25 - Beat
GOOG
Sec Filings
- 12/18/25 - Form 4
- 12/18/25 - Form 4
- 12/18/25 - Form 4
- GOOG's page on the SEC website