Musk Unites SpaceX and xAI in Push for a $1.25 Trillion IPO
TL;DR Summary
Elon Musk merges SpaceX with his AI startup xAI into a single entity aiming for a $1.25 trillion IPO, with SpaceX as the managing member of X.AI Holdings; Tesla plans about $2 billion in xAI funding, as Musk promotes space-based AI compute amid regulatory probes into Grok AI.
- Elon Musk's SpaceX reportedly combining with xAI ahead of potential IPO CNBC
- SpaceX is acquiring xAI CNN
- Musk joins his rocket and AI businesses into a single company before an expected IPO this year SFGATE
- Elon Musk Merges SpaceX With His A.I. Start-Up xAI The New York Times
- Elon Musk’s SpaceX Acquires xAI Ahead of Planned Mega IPO Bloomberg
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