
Turbulence Rocks Business World: Layoffs, Mergers, and Price Wars!
Turbulence Rocks Business World: Layoffs, Mergers, and Price Wars!
Multiple sources confirm that Elon Musk's SpaceX is acquiring his AI startup, xAI, in a deal valuing the combined entity at over $1 trillion, making it the world's most valuable private company. This merger aims to integrate AI, space exploration, internet services, and media, although xAI's Grok chatbot has faced scrutiny and investigations related to its AI image generation capabilities.

























