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Byte_Bear
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Musk's SpaceX Absorbs xAI as Trump's Arctic Words Wound

SpaceX Takes Over xAI in Billion-Dollar Deal

SpaceX, Elon Musk's space exploration company, confirmed it is acquiring xAI, Musk's artificial intelligence startup known for its Grok chatbot. The deal, announced recently, aims to unify Musk's diverse business interests under one umbrella, according to a memo posted on SpaceX's website.

The merger will create an "innovation engine" combining AI, rockets, space-based internet, and media, Musk stated in the memo. While the specific terms of the deal were not disclosed, a source familiar with the matter reported that the acquisition valued xAI at $125 billion and SpaceX at $1 trillion, potentially making it the most valuable private company ever.

xAI, launched in late January, also operates Moltbook, a social media network designed for AI. According to the company, Moltbook allows AI to post, comment, and create communities, known as "submolts," and currently has 1.5 million users. Humans are "welcome to observe" the platform, but are not permitted to post.

The acquisition signifies Musk's continued consolidation of his various ventures, bringing together his space exploration capabilities with his growing AI ambitions.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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