Elon Musk's AI startup, xAI, has acquired his social media platform X (formerly Twitter) in an all-stock deal, aiming to integrate xAI's chatbot Grok with X's operations. This merger highlights Musk's strategy of consolidating his ventures into a singular ecosystem, despite skepticism about X’s inflated valuation. Investors see potential in Musk’s interconnected businesses, which include Tesla and SpaceX. However, the acquisition faces risks, including an ongoing SEC lawsuit and regulatory scrutiny. Despite these challenges, some investors remain bullish on Musk's ability to innovate and deliver long-term value.