US EditionElon Musk’s SpaceX to Acquire xAI, Creating World’s Most Valuable Private Company
SpaceX merges with xAI to create a $1.25 trillion company planning up to one million orbital AI data-center satellites powered by near-constant solar energy.
- This year, SpaceX merged with xAI in a deal valuing the combined businesses at $US1.25 trillion, combining SpaceX's launch and satellite assets with xAI and X to form a large 'space + AI' group.
- Facing cash needs, Musk turned to SpaceX, which plans a float this year, to raise $2.9 billion and support xAI's funding, according to sources.
- Financial figures reveal that xAI churned through $US9.5 billion in nine months and ran at an annualised rate above $US12.5 billion, while SpaceX generated more than $US2 billion positive cashflow last year, highlighting sector strain.
- With other AI-related floats planned this year, markets' willingness to finance massive AI-space projects will be stress-tested, and observers warn consolidation or wipeouts of weaker AI companies could accelerate.
- Musk says that within two or three years the cheapest AI computations will be in space, and he envisions SpaceX rockets carrying AI data centres, while critics say the logistics and costs are overlooked.
484 Articles
484 Articles
Sci-Fi Skies: From Artemis Delays to Space Merger Dreams
Sci-Fi Skies: From Artemis Delays to Space Merger Dreams NASA has delayed the Artemis II mission to March after launching issues arose with the Space Launch System rocket. The delay was due to a liquid hydrogen leak, affecting the moon mission intended to send astronauts around the lunar orbit.Meanwhile, Elon Musk announced a merger valuing SpaceX and xAI at $1.25 trillion, a move that has boosted U.S. space stocks. Musk envisions deploying AI c…
Elon Musk is still pushing the boundaries of his technological empire. On Monday, February 2, the US billionaire announced the merger of his company of xAI artificial intelligence (which owns the X social network) with his space company SpaceX. "This marks not only the next chapter, but also the next book of SpaceX's mission and xAI: to evolve to create a conscious sun in order to understand the universe and extend the light of consciousness to …
SpaceX is once again in the focus of the scientific community following the launch of a million satellites.This project has raised some concern about the increased risk of collisions and saturation of the Earth's orbit, bearing in mind that, recently, Elon Musk's company has unveiled the Stargaze initiative to reduce the likelihood of satellites colliding with space debris.It may be quite skeptical, but, for now, SpaceX has an extensive network …
Elon Musk Net Worth 2026: Tesla CEO Becomes 1st Person in History To Hit USD 800 Billion Milestone After SpaceX Acquires xAI | 📲 LatestLY
Elon Musk net worth has surged to USD 800 billion, making him the first person to reach the milestone, following SpaceX’s acquisition of xAI. The merger sharply increased the value of his private holdings and underscores the growing convergence of artificial intelligence and aerospace technology in his business empire. 📲 Elon Musk Net Worth 2026: Tesla CEO Becomes 1st Person in History To Hit USD 800 Billion Milestone After SpaceX Acquires xAI.
The willingness of billionaire Elon Musk to build data centres in space hides some coherence, according to an expert in AI.
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