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SpaceX acquires xAI in $250 billion all-stock deal
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Elon Musk announced that SpaceX has acquired xAI in a $250 billion all-stock transaction, valuing the combined entity at $1.25 trillion. The merger aims to integrate SpaceX's space infrastructure with xAI's artificial intelligence capabilities, focusing on orbital data centers powered by solar energy. This move follows speculation about potential consolidations among Musk's companies and positions the firm for a possible initial public offering this year.
Paramount Skydance has filed with the FCC stating that the merged Paramount-Warner Bros. Discovery will see Middle Eastern funds holding 38.5% of the equity. Saudi Arabia’s Public Investment Fund will take a 15.1% stake, the UAE’s sovereign wealth fund 12.8%, and Qatar Investment Authority 10.6%. Foreign investors will lack board seats or voting shares, with control remaining with the Ellison family and RedBird Capital Partners.
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Movie theater owners through Cinema United have sent letters to state attorneys general associations, calling for an investigation and block of the proposed Paramount-Warner Bros merger. The group warns that the deal could reduce competition, raise ticket prices, and harm local communities. Cinema United's leader Michael O’Leary highlighted risks to Main Street businesses and smaller theaters.
Elon Musk's SpaceX is exploring a potential merger with Tesla or xAI, according to a Bloomberg report citing sources familiar with the matter. The discussions remain in early stages with no decisions made. Tesla's shares rose 3% following the after-hours report.
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공정거래위원회는 한국항공이 아시아나항공과의 합병 과정에서 마일리지 통합 계획을 수정하도록 지시했다. 이는 보너스 좌석과 좌석 업그레이드 사용에 대한 세부 조치를 보완하기 위함이다. FTC는 고객 권익을 강화하기 위해 한 달 이내에 수정안을 제출하라고 요구했다.