Musk announces record merger

Ana Maria Rus

The billionaire is combining SpaceX and xAI in a deal that reportedly values the enlarged entity at $1.25 trillion Elon Musk’s SpaceX has completed the acquisition of his artificial intelligence startup xAI, the billionaire entrepreneur has announced. At about $1.25 trillion, it would be the largest corporate merger ever by implied value, public or private. The acquisition is aimed at building a more integrated technology platform that combines artificial intelligence, rockets, satellite

Musk announces record merger https://www.rt.com - 03.02.2026 14:04

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Musk announces record merger https://www.rt.com - 03.02.2026 14:04