AXIOS (Axios) - Elon Musk's SpaceX to merge with xAI
SpaceX has acquired xAI in a deal that combines two of Elon Musk's biggest companies. Why it matters: It dramatically reshapes SpaceX's looming IPO , giving investors access to a dominant space company and a frontier AI model developer. What they're saying: "SpaceX has acquired xAI to form the most ambitious, vertically-integrated innovation engine on (and off) Earth," Musk wrote . - "This marks not just the next chapter, but the next book in SpaceX and xAI's mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!" Flashback: Musk is no stranger to merging his companies, having put X (the former Twitter) and xAI together last year . This is breaking news. Check back for…
SpaceX has acquired xAI in a deal that combines two of Elon Musk's biggest companies. Why it matters: It dramatically reshapes SpaceX's looming IPO , giving investors access to a dominant space company and a frontier AI model developer. What they're saying: "SpaceX has acquired xAI to form the most ambitious, vertically-integrated innovation engine on (and off) Earth," Musk wrote . - "This marks not just the next chapter, but the next book in SpaceX and xAI's mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!" Flashback: Musk is no stranger to merging his companies, having put X (the former Twitter) and xAI together last year . This is breaking news. Check back for…Open