Feb. 3 at 1:39 PM
SpaceX acquired Elon Musk’s artificial intelligence company xAI, combining two of the world’s most valuable private firms with an estimated joint valuation of about
$1 trillion. The transaction comes ahead of a potential midyear initial public offering for SpaceX and strengthens integration across Musk’s business ecosystem. Tesla holds roughly a 2% stake in the newly merged SpaceX-xAI entity after previously disclosing a
$2 billion investment in xAI.
The merger aligns with Musk’s broader strategy of combining AI, transportation, and space infrastructure. Tesla is focused on deploying physical AI through robotics and autonomous vehicles, xAI develops large language models and AI training systems, and SpaceX is exploring space-based data centers powered by solar energy and cooled by the natural environment of space, which could offer cost advantages.
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