The SpaceX-xAI merger means that Tesla now owns a small piece of the combined company.
The countdown is complete and SpaceX has finally acquired xAI in a deal valued at around $1.25 trillion.
When Elon Musk declared his intention to buy Twitter, his friends and allies were quick to rally behind his $44bn (£32bn) bid ...
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 ...
A survey of Tesla investors revealed that 85% believe CEO Elon Musk’s politics have “negative” or even “extremely negative” impact on the company. Tesla’s sales have indeed fallen for two years in a ...
The deal creates the most valuable private company in the world.
SpaceX has acquired xAI to create a $1 trillion entity pursuing orbital AI data centers, with plans to deploy up to one million satellites in space.
Users on X can now prompt Grok to generate clips up to 10 seconds long and at resolutions up to 720p. xAI announced that users have ...
Launched in December 2013, Dogecoin is a meme coin that began as a parody of Bitcoin (BTC) for the latter's belief that decentralized finance (DeFi) could challenge Wall Street. But it went viral due ...
Waymo just got a cool $16 billion added to its bank account as part of a new round of funding, which is about triple the ...
Elon Musk just became the first person ever worth $800 billion or more after his rocket maker SpaceX acquired his artificial intelligence and social media company xAI. Forbes estimates that the deal, ...
SpaceX-xAI merger creates $1T entity with million-satellite plan, but valuation gap blocks Tesla integration as analysts hold rating.