SpaceX-xAI merger creates $1T entity with million-satellite plan, but valuation gap blocks Tesla integration as analysts hold rating.
SAN FRANCISCO — Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, ...
Elon Musk said he plans to launch a constellation of a million satellites that operate as orbital data centers with a ...
The details: The deal valued SpaceX at about $1 trillion, up from the roughly $800 billion cited in December; xAI was valued at $250 billion, slightly up from its last fund-raising round. (The move ...
SpaceX merges with xAI in a $1.25 trillion deal, creating a leading private firm and boosting space stocks ahead of a historic IPO.