SpaceX

SpaceX Acquires XAI. Read Elon Musk’s Memo.

It’s official: Elon Musk is combining SpaceX and xAI as he overhauls his sprawling business empire.Musk told workers in a Monday memo that SpaceX has acquired xAI, his AI company, sources familiar with the matter confirmed to Business Insider.The CEO wrote that the deal would create “the most ambitious, vertically-integrated…

Why Elon Musk Might Want to Merge SpaceX and XAI

Elon Musk starts and owns lots of companies. Maybe he’s going to change that, a bit: The world’s richest man is reportedly working on a plan to merge two of his most valuable companies into one megacompany.Musk, Reuters reports, wants to merge xAI — his very valuable AI company that…