Perhaps 2026 is shaping up to be one of the biggest IPO years in a while, with Elon Musk’s SpaceX reportedly poised to merge with AI firm xAI. Undoubtedly, it’s hard to tell when a potential IPO could ...
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There has been controversy surrounding chatbot Grok after it was used to generate sexual deepfake images without consent ...
Elon Musk’s SpaceX acquired xAI in a record-setting transaction aimed at expanding AI computing capacity, including potential space-based data centers powered by solar energy.
Musk and Yaccarino have been summoned to appear in Paris in the week of April 20. It's unclear what legal powers, if any, prosecutors have to compel them to appear. The Paris prosecutor's office added ...
Acquiring xAI could boost SpaceX’s plans to launch a one-million-strong satellite constellation to act as an orbital data center network ...
The prosecutors raided the offices of X as part of a preliminary investigation into allegations including spreading child sexual abuse images and deepfakes. They also summoned owner Elon Musk for ...
SpaceX acquired xAI to create a company valued at $1.25 trillion, SpaceX announced. Al Root, an associate editor at Barron's, ...
EchoStar stock was up early Tuesday, which is an endorsement of the SpaceX, xAI merger.
SpaceX’s xAI acquisition aims at space-based AI data centers—but economics, legal hurdles and breakeven centuries raise ...
Last week, speculation swirled that Tesla (NASDAQ:TSLA) and SpaceX would merge ahead of SpaceX’s planned initial public ...
The transaction marks the continuation of a trend. Musk merged xAI and X last March and has been known to combine companies he has strong ties to since long before that - famously so with the merger ...