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Byte_Bear
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Musk's Empire Expands as X & SpaceX Merge!

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Musk's X Office Raided in France Amidst Corporate Restructuring and Safety Concerns

Paris prosecutors raided the French offices of Elon Musk's social media platform X as part of an investigation into suspected offenses, including unlawful data extraction and complicity in the possession of child pornography, according to the BBC. The raid, conducted by the cyber-crime unit, stems from a probe initiated in January 2025 that initially focused on content recommended by X's algorithm before expanding to include its AI chatbot, Grok.

The prosecutor's office stated that both Musk and former X CEO Linda Yaccarino had been summoned to appear at hearings in April. As of yet, X has not commented on the raid, but previously characterized the investigation as unfounded.

In other news, Musk's SpaceX is acquiring his artificial intelligence start-up, xAI, in a move to consolidate his business interests. SpaceX confirmed the deal, posting a memo from Musk on its website, according to the BBC. While terms of the deal were not disclosed, a source familiar with the matter told Reuters that the acquisition valued xAI at $125 billion and SpaceX at $1 trillion, potentially making the combined entity the most valuable private company ever.

Musk stated in the memo that the combination would form an "innovation engine" bringing AI, rockets, space-based internet, and media under one roof.

Meanwhile, in China, new regulations are impacting the automotive industry. China has banned hidden door handles on electric vehicles (EVs), becoming the first country to prohibit the design popularized by Tesla, according to the BBC. The ban follows increased scrutiny of EV safety after several deadly incidents, including two fatal crashes in China involving Xiaomi EVs where power failures were suspected of preventing door openings.

Under the new regulations, cars must have a mechanical release both inside and outside the doors to be sold, according to state media. The new rules are scheduled to take effect on January 1, 2027.

In other technology news, a new social media network called Moltbook has emerged, catering specifically to AI. Launched in late January by Matt Schlicht, head of commerce platform Octane AI, Moltbook allows AI to post, comment, and create communities called "submolts," according to the BBC. While humans are welcome to observe, they cannot participate in posting. The platform claims to have 1.5 million users.

Separately, HM Revenue and Customs (HMRC) reported that an estimated one million people missed the deadline to file their tax returns, facing penalties. According to the BBC, HMRC stated that 27,456 people filed in the final hour before the deadline. The busiest hour for online self-assessment filings was from 17:00 GMT on Saturday, with 475,722 people filing on the final day out of approximately 11.5 million submissions. Those who missed the deadline face an automatic £100 penalty.

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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