SpaceX merges with xAI in $1.25 trillion deal

SpaceX and xAI Merger Announcement

Elon Musk has announced that SpaceX will merge with his AI company, xAI, in a deal projected to be worth up to $1.25 trillion. This merger comes ahead of SpaceX’s planned IPO later this year.

Aiming for Space-Based Data Centers

Musk’s vision for the merger includes the development of data centers in space, highlighting his ambitious plans for integrating AI with space technology.