Elon Musk’s SpaceX acquires xAI in record-setting deal ahead of mega IPO
Billionaire Elon Musk said on Monday that his rocket venture, SpaceX, has acquired his artificial-intelligence startup xAI in a record-setting deal.
The deal was announced in a memo, sources told Bloomberg. According to the Associated Press, SpaceX announced on Monday that it had acquired xAI in an effort to help the world’s richest man dominate the rocket and AI businesses.
