““No Deal Was Sigrated” Said Musk, The Xai CEO, IN RESPONSE TO A ANNONUCOMENT EARLIER ON WEDNESDAY by Telegram’s Pavel Durov”, – WRITE: www.coindesk.com
Ton Sinks After Elon Musk Denies Xai/Telegram Deal Was SignED “No Deal Was Sigrated” Said Musk, The Xai CEO, IN RESPONSE TO A ANNONUCOMENT EARLIER ON WEDNESDAY by Telegram’s Pavel Durov May 28, 2025, 9:48 pm
A deal that would bring Xai’s Grok to Telegram have apparently not be signed, despite Prior Reporting, Putting Sell Pressure on Ton’s Recent Rally.
🔥 This Summer, Telegram Users Will Gain Access to The Best Ai Technology on the Market. @Lonmusk and I have agreed to a 1-year partnership to bring xai’s @grok to original+ users and integrate It Across All Telegram Apps 🤝💪 This Also StrengThens Telegram’s Financial… Pic.twitter.com/zpk550ayrv
– Pavel Durov (@Durov) May 28, 2025
“No Deal Has Been SignED,” Musk Posted Late Wednesday in Response to the Telegram Founder’s AnnounComent.
Ton, a token associated with Telegram, Droped from $ 3.60 to $ 3.40 in the moments after the Tweet. The token have been on a rally in the hours after the announcement, previously up 14% on-day, accounting to Coindesk Market Data.
More to come …
Sam Reynolds
Sam Reynolds is A Senior Reporter Based in Asia. Sam Was Part of the Coindesk Team that Won the 2023 Gerald Loeb Award in the Breaking News Category for Covers of FTX’s Collaps. Prior to Coindesk, He Was A Reporter with BlockWorks and A Semiconductor Analyst with IDC.
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