SpaceX buys xAI in $1 25tn deal to unite Musk’s AI and space ambitions

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Elon Musk’s SpaceX has acquired his artificial intelligence firm xAI in a landmark deal valuing the combined entity at around US $1.25 trillion, one of the largest mergers in corporate history. The move brings xAI’s Grok chatbot and social platform X under the SpaceX umbrella, unifying Musk’s space, satellite internet and AI ambitions ahead of a potential IPO in 2026. Musk says the merger will

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