Elon Musk combines SpaceX and xAI to create trillion-dollar AI and space giant
Elon Musk has merged SpaceX with his artificial intelligence company xAI in a deal valuing the combined entity at $1.25 trillion. Loren Grush and Edward Ludlow report for Bloomberg. SpaceX acquired xAI to create what Musk calls “the most ambitious, vertically-integrated innovation engine on (and off) Earth.” The combined company plans to integrate AI, rocket …