SpaceX acquires xAI which could move IPO closer, but investors were anticipating a deal including the EV maker.

Two major companies under Elon Musk will now merge, as SpaceX has officially announced its acquisition of xAI.

While speculation previously suggested xAI's potential merger with Tesla, Elon Musk’s decision to choose SpaceX appears to be driven by the immense physical requirements of next-generation AI.

In merging SpaceX with xAI, Elon Musk may be providing his artificial intelligence startup with a much-needed cash infusion.

Elon Musk’s rocket-building company SpaceX said on Monday it had acquired his artificial intelligence and social media venture xAI, a move that consolidates the entrepreneur’s two largest private ...

SpaceX, the rocket and satellite maker led by Elon Musk, said on Monday it had acquired xAI, the artificial intelligence ...

SAN FRANCISCO — Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, ...

Elon Musk’s rocket company SpaceX has acquired his AI firm xAI in a deal valuing the combined business at roughly $1.25 ...

Elon Musk said he plans to launch a constellation of a million satellites that operate as orbital data centers with a ...

SpaceX acquires xAI in a USD 1.25 trillion merger to build orbital AI data centers. The deal unites Starlink, Grok, and X ...

Elon Musk’s spacecraft and satellite communications company SpaceX has acquired his AI company xAI, the tech billionaire said ...

Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.