Elon Musk Reacts As X Becomes No 1 News App In India

One user wrote, “Mom said stop wasting time on X… now I tell her I’m watching the news."

Another added, “X should be geo-blocked in India."

“Wow! Elon Musk just replied ‘Cool’, it seems he is quite calm. X is really impressive to be the number one news app in the Indian App Store," someone wrote.

A person commented, “India’s X app dominance signals the platform’s global ascent," someone wrote.

In March, Musk’s artificial intelligence company xAI announced that it had acquired X for $33 billion. The all-stock deal brought together two of Musk’s key companies – X and xAI. According to Musk, the goal is to combine their data, models, computing power and teams to help train and improve his AI chatbot called Grok.

Musk shared details of the deal in a post on X, writing, “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent."

The Tesla owner had first acquired X, which was then known as Twitter, in 2022. The $44 billion deal took the company private. After the takeover, he cut a large portion of the staff which led to a sharp drop in ad revenue and the exit of several big advertisers. But now many brands have started returning recently as Musk’s influence grows in the Trump administration.

The seven banks that extended $13 billion in loans to Musk to buy X kept the debt on their books for two years until they could sell it all at once in February, Reuters reported citing a source.

Musk leads the Department of Government Efficiency, also known as DOGE, in the Trump administration. This has also put him in the position to potentially influence agencies that oversee his business dealings.