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SpaceX and xAI Merge, Becoming World's Most Valuable Private Company
Elon Musk's SpaceX acquired his artificial intelligence (AI) start-up, xAI, in a deal that valued the combined entity as the most valuable private company ever, according to BBC Technology. The deal, confirmed by SpaceX through a memo from Musk posted on its website, valued xAI at $125 billion and SpaceX at $1 trillion.
The merger aims to create an "innovation engine" by integrating AI, rockets, space-based internet, and media under one umbrella, Musk stated in the memo, according to BBC Technology. Terms of the deal were not disclosed.
In other news, the U.S. military reported shooting down an Iranian drone in the Arabian Sea on Tuesday, according to BBC World. U.S. Central Command spokesman Capt Tim Hawkins said an F-35C stealth fighter jet launched from the USS Abraham Lincoln shot down the drone, which was "aggressively approaching" the warship. The incident occurred approximately 500 miles from the Iranian coast. "in self-defence" to protect the aircraft carrier and its personnel, Capt. Hawkins said. No U.S. equipment was damaged, and no service members were harmed.
Meanwhile, Consumer Reports released its top 10 vehicles for 2026, with all models featuring electric or hybrid versions, according to CBS News. The list includes cars, trucks, and SUVs priced below the average $50,000 starting price for a new vehicle. Alex Knizek, director of auto test development at Consumer Reports, noted that these electrified options offer benefits like better acceleration, quieter cabins, and improved fuel economy compared to gas-powered vehicles. "Everything here is electrified, so to speak," Knizek said.
In China, new regulations banning hidden car door handles on electric vehicles (EVs) were announced, reported BBC Technology. China is the first country to ban the controversial design, popularized by Tesla. The new rules, set to take effect on January 1, 2027, require all cars to have a mechanical release both inside and outside the doors. This decision follows safety concerns raised after deadly incidents involving Xiaomi EVs, where power failures were suspected of preventing doors from opening.
Globally, a new report by World Health Organization (WHO) scientists estimates that 37% of cancers are preventable, according to BBC World. The analysis suggests that seven million cancer cases each year could be avoided by addressing infections, lifestyle choices, and environmental pollutants. The report highlights the potential for vaccination against HPV to prevent cervical cancers and the importance of reducing exposure to tobacco smoke. The researchers stated that their report showed there is a "powerful opportunity" to transform lives.
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