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Musk Denies Finalized Telegram-Grok Deal Despite Durov’s Announcement
Musk Denies Finalized Telegram-Grok Deal Despite Durov’s Announcement
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Elon Musk has publicly refuted claims of a signed agreement between his AI venture, xAI, and Telegram, countering an earlier announcement by Telegram founder Pavel Durov. Durov had revealed a purported one-year partnership to integrate xAI’s Grok chatbot into Telegram, including a revenue-sharing model worth $300 million in cash and equity.
Musk’s terse response on X—’No deal has been signed’—sparked confusion, prompting Durov to clarify that only an in-principle agreement exists, with no formal contract executed. The discrepancy emerges as Telegram reportedly prepares for a $1.5 billion bond issuance, raising questions about strategic timing.
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