Musk's SpaceX swallows xAI
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The record-setting deal will be the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by CNBC.
By Joey Roulette Feb 3 (Reuters) - Elon Musk's SpaceX has paused flights of its workhorse Falcon 9 rocket over an unspecified issue that its second stage experienced after successfully deploying Starlink satellites into orbit on Monday,
XAI and SpaceX branding will stay separate and collaboration will be limited, the company told staff.
SpaceX says it wants to deploy an astronomical number of data centres in orbit to supply power for artificial intelligence, but the proposal might not be entirely serious
SpaceX has formally acquired another one of Elon Musk’s companies, xAi, the space company announced on Monday afternoon.
SpaceX's path to launching its massive Starship rocket from Florida's Space Coast passed another hurdle Friday after the Federal Aviation Administration released results of its nearly two-year long environmental review for launch plans from Kennedy Space Center.