X, now part of Elon Musk’s xAI and recently acquired by SpaceX, launched a new iOS photo editing tool for posts.
The editor adds drawing, text, AI-driven “edit with words” via Grok chatbot, and a blur feature for redacting image parts.
Adobe shares fell 1.8% on Monday, but the decline appears unrelated to X’s launch as the stock showed little change afterward.
Market observers say the AI‑leveraged tool could compete with established software firms amid broader AI‑driven stock declines in the market.