Elon Musk is now overseeing two companies worth over $1 trillion, at least on paper.

The deal raises the stakes for the widely reported looming SpaceX IPO.

La nueva empresa integrará actividades de IA, cohetes, internet espacial, comunicaciones móviles y la red social X

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

SpaceX announced today that it has acquired xAI, Elon Musk’s AI company, in a deal that creates a combined entity...

Musk's space exploration company and his AI start-up are merging.

SpaceX is requesting permission to launch as many as a million satellites into the Earth’s orbit to speed up its AI plans

“My estimate is that within two to three years, the lowest cost way to generate AI compute will be in space,” Musk wrote in a post on SpaceX’s website on Monday.

Deal comes as Musk pursues plans for datacenters and solar-powered satellites in space to propel AI

Musk said in his announcement he estimates “that within 2 to 3 years, the lowest cost way to generate AI compute will be in space.”

The record-setting deal will be the largest merger of all time and is valued at $1.25 trillion

Merger with loss-making xAI looks to some investors more like a bailout than a rocket trip to the future

Elon Musk is now overseeing two companies worth over $1 trillion, at least on paper.

El magnate vuelve a recurrir a la fusión de sus empresas participadas