Elon Musk used a common two-step merger process in SpaceX's purchase of xAI (X.AI) that had the dual benefit of avoiding the ...
The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, ...
Elon Musk is merging his SpaceX rocket company with his artificial intelligence startup xAI. The deal is valued at $1.25 ...
Elon Musk, the world's richest man, just combined his companies SpaceX and xAI, creating the most valuable privately-owned ...
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.
The deal brings together two of the largest closely held companies in the world. XAI raised funds at a $230 billion valuation ...