Merger

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Elon Musk announces SpaceX's $250 billion acquisition of xAI at a press conference, with visuals of merging logos and orbital solar-powered data centers.
Picha iliyoundwa na AI

SpaceX acquires xAI in $250 billion all-stock deal

Imeripotiwa na AI Picha iliyoundwa na AI

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.

Elon Musk's enterprises, including Tesla, SpaceX, and xAI, are increasingly interconnected through shared resources and investments, fueling talks of potential mergers. Reports indicate early discussions for combining SpaceX with either Tesla or xAI ahead of a possible SpaceX IPO in late 2026. Such moves could create a trillion-dollar tech giant integrating electric vehicles, aerospace, and artificial intelligence.

Imeripotiwa na AI

Elon Musk is reportedly considering a merger between SpaceX and Tesla, or a tie-up with xAI, as the rocket company prepares for a possible $1.5 trillion stock market flotation. The discussions highlight synergies in AI, robotics, and space technology, while drawing attention to the companies' combined bitcoin holdings of nearly 20,000 BTC. Legal entities suggestive of merger activity were filed in Nevada earlier this month.

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Anglo American and Teck Announce Merger

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