Elon Musk Merges SpaceX and xAI
In his official statement posted on the SpaceX website, Musk noted that the merger of the companies would create an "innovation machine" capable of simultaneously working on artificial intelligence, rocket technologies, internet services, and social media. Although the details of the agreement are not disclosed, sources from the BBC familiar with the situation report that the value of xAI is $125 billion, while SpaceX is valued at $1 trillion, making the latter the most expensive