Elon Musk
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.
Tesla reported a record 14.2 GWh of energy storage deployments in the fourth quarter of 2025, up 29% from the previous year, even as its electric vehicle deliveries fell 16%. The company's energy business, including Powerwall and Megapack products, continues to show strong growth and profit margins. CEO Elon Musk highlighted the long-term potential of energy storage and solar integration.
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Following its Q4 2025 earnings call announcement to end Model S and X production by Q2 2026, Tesla debuted its third-generation Optimus humanoid robot on February 2, 2026, via Weibo, confirming plans to repurpose Fremont factory lines for up to one million units annually amid EV sales declines. CEO Elon Musk highlighted Optimus's transformative potential in robotics.
Following Tesla's Q4 2025 earnings announcement to repurpose factories for Cybercab robotaxis and Optimus robots, CEO Elon Musk warned on X of 'agonizingly slow' early production rates due to the projects' novelty, though he expects eventual rapid scaling. This tempers expectations amid Tesla's push into AI and autonomy.
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The Delaware Supreme Court cut Tesla's legal obligations in a shareholder lawsuit over director compensation, reducing attorney fees from $176.1 million to $70.9 million after deeming a lower court's settlement valuation excessive. CEO Elon Musk hailed the ruling on X as 'saving the state.'
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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During Tesla's January 28, 2026, Q4 2025 earnings call, CEO Elon Musk announced plans to transition Cybertruck production to fully autonomous vehicles for local cargo delivery, addressing a 48% sales drop in 2025, design concerns, and excess inventory.
Jonas Sjöstedt leaves X in protest against Elon Musk
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Ijumaa, 30. Mwezi wa kwanza 2026, 19:02:06Elon Musk weighs SpaceX-Tesla merger before potential IPO
Ijumaa, 30. Mwezi wa kwanza 2026, 02:27:01Tesla accelerates Optimus humanoid robot production at Fremont and Giga Texas
Alhamisi, 29. Mwezi wa kwanza 2026, 22:15:54Elon Musk urges US firms to build battery infrastructure
Alhamisi, 29. Mwezi wa kwanza 2026, 17:18:19Tesla reports zero federal income tax on 2025 U.S. profits
Alhamisi, 29. Mwezi wa kwanza 2026, 16:10:54Elon Musk's SpaceX explores mergers with Tesla or xAI