The deal raises the stakes for the widely reported looming SpaceX IPO.
Musk is bringing more of his companies together.
SpaceX announced today that it has acquired xAI, Elon Musk’s AI company, in a deal that creates a combined entity...
Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.
Deal comes as Musk pursues plans for datacenters and solar-powered satellites in space to propel AI
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
La nueva empresa integrará actividades de IA, cohetes, internet espacial, comunicaciones móviles y la red social X
El magnate Elon Musk anunció que ha fusionado su empresa aeroespacial SpaceX con su 'startup' de inteligencia artificial (IA) xAI.
Rocket company boosts valuation to $1tn and pays $250bn to acquire AI start-up as Musk envisions data centres in space
“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.
Verso il futuro dell’intelligenza artificiale
According to the SpaceX press release, the merger will eventually allow placing AI data centers in space, powered by solar energy
In merging SpaceX with xAI, Elon Musk may be providing his artificial intelligence startup with a much-needed cash infusion.
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.
