Elon Musk used a common two-step merger process in SpaceX's purchase of xAI that had the dual benefit of avoiding the ...

Igor Babuschkin, co-founder of Elon Musk’s xAI, has agreed to buy a penthouse overlooking London’s Hyde Park for about £57 million ($68 million), marking the most expensive UK home deal in more than a ...

SpaceX bought xAI and is tying the deal to AI data centers in space. A proposed 1 million satellite constellation would ...

Week in Review,” we take a look at Nvidia's changing investment relationship with OpenAI. Plus, a stormy start for the new ...

SpaceX’s xAI deal uses a tax-efficient triangular merger to avoid billions in debt repayment and limit legal liability.

The fast-tracked deal is premised on SpaceX’s satellite prowess combining with xAI’s technology.

Elon Musk reportedly structured SpaceX's $1.25 trillion acquisition of xAI as a triangular merger to avoid triggering billions in debt repayments, limit legal exposure tied to X, deliver tax benefits ...

They also want the Pentagon to say whether foreign-ownership mitigation, known as FOCI, should apply, and whether the ...

X Merges X AI And Space X, Apple Acquires Q AI, Synthbee, Raises $100 billion, Amazon Invests in OpenAI, Amazon invests in ...

Starship investments benefit xAI for compute in space. The merger enables vertical integration (AI + rockets + satellites + ...

Elon Musk announced that SpaceX and xAI will merge. The rocket company and the creator of AI projects, including Grok, could ...

Dig deeper into Musk’s big picture goals, and the merger starts to make a lot more sense — even if there’s a decidedly sci-fi ...