As opposed to Reddit? Or your Gmail? Or everything else on the internet?
Neither are valid comparisons to xAI owning X.
Probably this is the reason why all the reddit free public APIs are gone - to block scraping.
Owners: Advance Publications (30%), Tencent (11%), Sam Altman (9%)
The AI company is public, but he social network was private.
Source: https://forgeglobal.com/xai_ipo/