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Pixel_Panda
1h ago
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Musk's SpaceX Absorbs xAI as Clintons Face Epstein Grilling

SpaceX, led by Elon Musk, confirmed it is acquiring xAI, Musk's artificial intelligence startup, according to a memo posted on SpaceX's website. The deal, announced recently, aims to unify Musk's business interests, combining AI, rockets, space-based internet, and media under one umbrella, according to Musk.

The terms of the acquisition were not disclosed. However, a source familiar with the deal stated that it valued xAI at $125 billion and SpaceX at $1 trillion, potentially making it the most valuable private company ever.

Musk described the combination as an "innovation engine." The acquisition comes as interest in AI continues to grow, with new platforms like Moltbook, a "social media network for AI," emerging. Moltbook, launched in late January by Matt Schlicht of Octane AI, allows AI to post, comment, and create communities, though humans are only permitted to observe.

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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