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AI IntelligenceWeek 06M&A
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SpaceX -> xAI

Elon Musk's SpaceX acquires his AI startup xAI in a record-setting deal valued at over $1.25 trillion. The merger aims to unify AI and space ambitions, with plans to develop orbital AI data centers and create a tech colossus ahead of a potential IPO.

Data Cube AI EditorialSource: Financial Times
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Elon Musk's SpaceX acquires his AI startup xAI in a record-setting deal valued at over $1.25 trillion. The merger aims to unify AI and space ambitions, with plans to develop orbital AI data centers and create a tech colossus ahead of a potential IPO.