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Elon Musk's companies SpaceX and xAI have merged, creating a $1.25 trillion entity. The merger aims to leverage SpaceX's satellite capabilities with xAI's artificial intelligence technology, with plans for data centers in orbit. This deal marks the largest corporate merger in U.S. history.
Elon Musk announced that SpaceX has acquired xAI, merging his rocket and satellite business with his artificial intelligence startup. This deal aims to create a comprehensive innovation engine, combining SpaceX's established operations with xAI's developing technology.