Elon Musk's SpaceX acquiring AI startup xAI ahead of potential IPO
Tehnologie
Elon Musk is combining rocket maker SpaceX with his artificial intelligence startup, xAI, as the merged entity gears up for a massive IPO. The deal was announced on Monday in a blog post from Musk, who said he's forming "the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet," and its X social media platform. The combined company is expected to price shares in an IPO that would value it at $1.25 trillion, Bloomberg reported. Public
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