Elon Musk is merging his SpaceX rocket company with his artificial intelligence startup xAI. The deal is valued at $1.25 ...

The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, ...

The deal brings xAI and Elon Musk’s social media platform X under the SpaceX banner.

By Akash Sriram and Joey Roulette Feb 4 (Reuters) - Seventy-five years ago, the idea of harnessing the power of the skies was little more than fantasy spun by futurists like Arthur C. Clarke and Isaac ...

XAI and SpaceX branding will stay separate and collaboration will be limited, the company told staff.

Elon Musk's SpaceX Is Acquiring xAI With Big Plans for Data Centers in Space ...

The merger creates the world's most valuable private company, and paves the way for Musk to try and prove out the usefulness of space-based data centers.

Elon Musk merges SpaceX with xAI in $1.25T deal going public. Combined company holds 8,300 bitcoin worth $650M acquired in ...

By Echo Wang and Joey Roulette Feb 2 (Reuters) - Elon Musk said on Monday that SpaceX has acquired his ...

By Jaspreet Singh Feb 3 (Reuters) - U.S. space stocks rose on Tuesday after Elon Musk announced the merger of SpaceX and xAI in a deal that valued the combined entity at $1.25 trillion, a major push ...

By Echo Wang and Joey Roulette NEW YORK, Jan 29 (Reuters) - Elon Musk's SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year. The combination ...

Ives’ perspective aligns with recent moves, including the SpaceX-xAI merger, which created a $1.25 trillion entity focused on ...