The CEO of xAI, Elon Musk, has refuted reports of a finalized agreement with Telegram regarding a $300 million collaboration on artificial intelligence (AI). Pavel Durov, founder of Telegram, had previously announced a significant financial proposal aimed at expanding their partnership. According to Durov, the plan involved $300 million in cash and equity from xAI, alongside 50% revenue share from AI subscriptions via Telegram. This announcement sparked market volatility for Toncoin as investors reacted to the potential deal’s uncertainty. While details remain unclear, this episode highlights the inherent speculative nature of pre-confirmed agreements within the volatile cryptocurrency landscape.