51�Թ�

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 take-private price in 2022, which also counted $12 billion in debt.

“XAI and X’s futures are intertwined,” Musk posted on X in announcing the transaction.

Alexis Ohanian, who co-founded Reddit, said in a post on X in March he had joined Mr McCourt's bid.

"There is nothing they can do to stop the upcoming recognition of Somaliland," Mr Adan posted on X in response to the letter.

The evening prior, Schiff had posted a video to X in which he referred to the incident as “Signalgate” and called it a “colossal f— up.”