How to Buy X (Twitter) Stock in 2025

After being listed for nine years on the NYSE (under the ticker symbol TWTR), Elon Musk took Twitter private for $44 billion in April 2022.

The deal closed in April 2022 but Twitter was not de-listed until October 2022.

Following his acquisition, in an effort to reach profitability, Musk fired many top executives, laid off 75% of the company's staff, and launched a subscription service for $8/month.

After being near breakeven in early 2023, revenue cratered a few months later when 50 of its top 100 U.S. advertisers stopped advertising on Twitter (which had been rebranded as X in July 2023), citing concerns over brand safety and content moderation issues. In Q2 2024, X generated just $114 million in revenue in the U.S., down 84% from the $661 it generated in Q2 2022.

By September 2024, Fidelity valued X at less than $10 billion, 79% lower than Musk's takeover price.

However, in the months following President Trump's reelection, advertisers came back to the platform and the company was reportedly valued at $44 billion once again.

xAI acquires X

Then, in March 2025, Musk announced that his AI startup, xAI, had acquired X in an all-stock deal which valued xAI at $80 billion and X at $33 billion ($45 billion valuation less $12 billion in debt).

xAI's stated mission is to prevent the spread of misinformation. Its one live product, Grok, is an AI chatbot integrated with X and is only available to X's Premium+ subscribers.

At the time of xAI's acquisition of X, Musk described the two companies' futures as "intertwined" and that the acquisition will help them "combine the data, models, compute, distribution and talent.”

X is now a wholly-owned subsidiary of xAI, which means the only way to get exposure to X is by investing in xAI.

And while xAI is a private company, there is a way for you to invest in it — if you qualify.

Can you buy X (Twitter) stock?

X (Twitter) is a private company which, as of March 2025, is fully owned by xAI. xAI is also a private company, so there's no way to buy its stock in your traditional brokerage account.

However, xAI's shares are available on Hiive.

Hiive is an investment marketplace where accredited investors can buy shares of private companies from existing shareholders.

Accreditation requirements

To qualify as an accredited investor, you must meet one of the following criteria:

• Have an annual income of $200,000 individually or $300,000 jointly.
• Have a net worth that exceeds $1,000,000, excluding your main residence.
• Be a qualifying financial professional.

Accredited investors can invest in more than 2,000 venture-backed companies on Hiive, including each of Musk's privately held companies:

• SpaceX
• Neuralink
• The Boring Company
• xAI

At the time of this writing, there are 75 live orders of xAI stock available:

xAI is currently trading for $117.08 per share.

Each listing on Hiive is made by an existing shareholder who may be a current or former employee, a venture capital firm, or an angel investor.

Each seller sets their own asking price and quantity of shares available. From there, accredited buyers can accept a seller's asking price as listed, place bids, or simply add a stock to their watchlist.

To see all the bids, asks, and recent transaction data for X (and every other company on Hiive), you can register for a free account with the button below:

Register for Hiive

Can retail investors buy X stock or xAI stock?

Unfortunately, since X is owned by xAI which is a private company, there's no way for retail investors to buy its stock.

Given Musk's propensity for keeping companies private, it seems unlikely he will be taking xAI public any time soon.

But retail investors can get exposure to X via the ARK Venture Fund.

The ARK Venture Fund

The ARK Venture Fund, run by Cathie Wood, invests in technology companies with the potential to disrupt industries.

The fund purchased a small stake in X shortly after it became private. These shares will be exchanged for shares in xAI as a result of the acquisition, adding to its existing position.

Pre-transaction, xAI made up 1.37% of the fund, its 28th largest holding. SpaceX, Anthropic, and OpenAI are all in the fund's top 10 holdings.

The fund is available to all investors and has an annual expense ratio of 2.90%. You can learn more about how to invest on this page.

Alternatives to X

While you may not be able to invest in X, you can invest in a few of its publicly traded competitors.

• Meta Platforms (META) is the company behind Facebook, Instagram, and WhatsApp — three of the largest social media platforms. It also launched Threads, a direct competitor to Twitter, which recently hit 275 million monthly active users (MAUs)*. Meta generated revenue of $164.5 billion over the last year and is valued at $1.44 trillion.
• Snap (SNAP) is the parent company of Snapchat, the 9th largest social network with 800 million MAUs. The company has a market capitalization of $14.6 billion on TTM revenue of $5.36 billion.
• Pinterest (PINS) combines social media with e-commerce and advertising. It has about 500 million MAUs, generated TTM revenue of $3.6 billion, and has a market cap of $20.8 billion.
• Reddit (RDDT), which became publicly traded in March 2024, is a digital community website. The company generated revenue of $1.3 billion over the last 12 months and is valued at $18.5 billion.

*See companies' key business metrics — like user growth, revenue segmentation, and more — with our Metrics pages. Check out Meta's metrics here.

You may also be interested in Alphabet (GOOGL), the parent company of Google and YouTube; Microsoft (MSFT), which owns LinkedIn; and ByteDance, which owns TikTok.

How much is xAI worth after acquiring X?

xAI was valued at $80 billion in its acquisition of X in March 2025.

Adding in X's net value of $33 billion ($45 billion of equity less $12 billion of debt), the combined entity will be worth $113 billion, making it the 4th most valuable private company in the world.

These are internal valuations, however, and it's unclear if the company could earn this valuation from external investors.