SpaceX to Acquire xAI in Billion-Dollar Deal
SpaceX, led by Elon Musk, confirmed it is acquiring xAI, Musk's artificial intelligence startup, in a deal that aims to unify his various business interests, according to a memo posted on SpaceX's website (BBC Technology, BBC Business). The acquisition will bring together AI, rockets, space-based internet, and media under one roof, forming an "innovation engine," Musk stated in the memo (BBC Technology, BBC Business).
The terms of the deal were not disclosed; however, a source familiar with the matter said it valued xAI at $125 billion and SpaceX at $1 trillion, potentially making SpaceX the most valuable private company ever (BBC Technology, BBC Business). The acquisition signals Musk's continued consolidation of his diverse ventures.
In other news, a new social media network called Moltbook has emerged, designed for AI to post, comment, and create communities (BBC Technology). Launched in late January by Matt Schlicht, head of commerce platform Octane AI, Moltbook features communities called "submolts" and claims to have 1.5 million users (BBC Technology). Humans are "welcome to observe" but cannot post on the platform, according to the company (BBC Technology).
Meanwhile, in Mexico, President Claudia Sheinbaum pledged to send humanitarian aid to Cuba, despite efforts by the United States to cut off oil access (The Guardian). Sheinbaum said Mexico was exploring diplomatic avenues to send fuel to the Cuban people, following an order from former President Trump threatening tariffs on countries that sell oil to Cuba (The Guardian).
In Sudan, the ongoing civil war has seen increased use of drones by both the Sudanese armed forces (SAF) and the Rapid Support Forces (RSF) paramilitary group (Al Jazeera). Since April 2023, there have been 1,000 drone attacks, with civilians bearing the brunt of the conflict (Al Jazeera). The conflict demonstrates how commercially available drones are transforming warfare (Al Jazeera).
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