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Crypto Prune > News > Crypto > Altcoins > Tonsink after Elon Musk denied that Xai/Telegram deal was signed
Altcoins

Tonsink after Elon Musk denied that Xai/Telegram deal was signed

7 months ago 1 Min Read

The deal to introduce Xai’s Grok to Telegram is clearly not signed despite prior reporting, despite pressure to pitch to Ton’s recent rally.

This summer, Telegram users will have access to the best AI technology on the market. @elonmusk and I agreed to a one-year partnership to bring Xai’s @grok to over 1 billion users and integrate it into all Telegram apps.

This will also strengthen Telegram’s finances…pic.twitter.com/zpk550ayrv

-Pavel Durov (@durov) May 28, 2025

“The contract has not been signed,” Musk posted late Wednesday in response to an announcement from Telegram’s founder.

Ton is a token associated with Telegram, which dropped from $3.60 to $3.40 in the moment after the tweet. According to data from Coindesk Market, tokens previously rose 14% hours after the announcement.

More coming…

See also  Can you see the Ripple-XRP integration that the central bank has studied as an alternative to Swift?
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