SpaceX Acquires xAI in Deal Valuing Company at $1 Trillion
SpaceX acquires xAI for $250 billion, valuing the combined business near $1 trillion with IPO estimates above $1.75 trillion.
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SpaceX acquires xAI for $250 billion, valuing the combined business near $1 trillion with IPO estimates above $1.75 trillion.
SpaceX has officially announced the acquisition of Elon Musk’s artificial intelligence company xAI, framing the move as a step toward accelerating humanity’s technological future. The deal brings together space infrastructure and AI development under a single corporate umbrella.
SpaceX is in talks to merge with Elon Musk’s artificial intelligence startup xAI ahead of a planned public offering, according to Reuters. The deal could pave the way for the largest IPO in history and significantly boost Musk’s personal wealth.
xAI raises $20 billion in an oversubscribed Series E round, strengthening its AI infrastructure and model development ambitions.
The U.S. Department of Defense has signed an agreement with Elon Musk’s xAI to integrate Grok models into its internal GenAI.mil platform, expanding secure AI use across military operations.
Executives at Elon Musk’s xAI have discussed the possibility that artificial general intelligence could surpass human capabilities as early as 2026, according to an internal account.
Grok is under fire after safety tests showed extreme, offensive ethical trade-offs, raising fresh concerns over xAI’s guardrails and real-world AI deployment.
Experimental Grok 4.20 was the only AI model to earn a profit in a trading tournament, gaining 12.11% as rivals posted heavy losses.
Musk says xAI will build a 500-megawatt Saudi AI project using Nvidia tech and predicts humanoid robots will become the biggest product in history.
Elon Musk says he is open to partnering with Apple to build a more advanced AI-powered version of Siri.
xAI denies reports that female employees were forced to share biometric data for its anime-style AI avatar project, Ani.
Nvidia will invest as much as $2 billion in xAI’s $20 billion funding round, backing the startup’s purchase and rental of its own GPUs.