SpaceX Acquires xAI, Targeting Space-Based AI Data Centers


SpaceX Acquires xAI, Targeting Space-Based AI Data Centers

📅 - SpaceX has acquired Elon Musk's artificial intelligence company xAI, a move announced Monday that reshapes the private technology landscape and positions the combined entity as the world's most valuable private corporation. The deal, disclosed via a statement published on SpaceX's website, brings together Musk's rocket company and his fast-growing but capital-intensive AI venture.

Bloomberg News, which first reported the finalized merger, estimates the combined valuation at approximately $1.25 trillion. The acquisition comes amid growing global concerns over the sustainability, power consumption, and scalability of terrestrial AI infrastructure.

In his public message, Musk framed the [...][... Check source for end of article ...]
Tags: AI

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