Elon Musk’s SpaceX Acquires xAI in $1.2 Trillion Deal, Merging Spaceflight with AI
KEY POINT Elon Musk has folded his artificial intelligence startup xAI into SpaceX, uniting two of his most ambitious ventures in a deal that dramatically alters the outlook for SpaceX’s long anticipated initial public offering and deepens Musk’s strategy of building vertically integrated technology platforms, according to people familiar with the transaction. The SpaceX xAI … Read more