Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has unequivocally stated that none of his companies, including xAI, will ever create cryptocurrency tokens.
What Happened: Earlier this week, Musk announced that his AI startup, xAI, has finally decided to release its first product.
Given that Musk launched xAI in July this year, and since then, users and experts worldwide have been waiting to see what Musk will bring to the table, it generated massive excitement.
Interestingly, his announcement also sent ripples through the crypto market.
See Also: Elon Musk Takes Another Swipe At Mark Zuckerberg, Likens Instagram To OnlyFans
After his post on X (formerly Twitter), the XAI Corp token experienced a remarkable 175% surge in its ...