By Akash Sriram and Joey Roulette Feb 4 (Reuters) – Seventy-five years ago, the idea of harnessing the power of the skies was little more than fantasy spun by futurists like Arthur C. Clarke and Isaac Asimov. Read More
Tags :SpaceX
The acquisition of xAI by SpaceX will value the combined entity at $1.25 trillion. What’s important for investors to understand is that, in this case, the combined entity will eventually be worth more than the Read More
This article first appeared on GuruFocus. SpaceX announced the acquisition of xAI. The transaction further connects Musk’s business empire as xAI accelerates spending to build large-scale artificial intelligence models and infrastructure. It values the Read More
Feb 3 (Reuters) – Elon Musk said on Monday SpaceX has acquired his artificial intelligence startup xAI in a record-setting deal, unifying the billionaire’s AI and space ambitions by combining the rocket-and-satellite company with the maker Read More
By Echo Wang and Joey Roulette Feb 2 (Reuters) – Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies Musk’s AI and space ambitions by combining Read More
WASHINGTON, Jan 31 – Elon Musk’s SpaceX wants to launch a constellation of 1 million satellites that will orbit Earth and harness the sun to power AI data centers, according to a filing at the Federal Communications Read More
By Chris Kirkham and Ross Kerber Jan 30 (Reuters) – Elon Musk fans and the man himself have long mused about Musk Inc, a merger of companies owned by the world’s richest man. But with SpaceX Read More
By Joey Roulette WASHINGTON, Jan 29 (Reuters) – A proposed merger between Elon Musk’s SpaceX and xAI, reported exclusively by Reuters on Thursday, could give fresh momentum to Musk’s plan to launch satellite data centers Read More
Investing.com — Elon Musk’s SpaceX and xAI are discussing a potential merger before a major initial public offering planned for later this year, according to a Reuters report on Thursday. The combination would unite Read More
Elon Musk has proposed timing SpaceX’s initial public offering to coincide with a rare planetary alignment and his birthday, as the world’s richest man seeks an auspicious date for what would be the Read More