The deal links rockets, satellites, and artificial intelligence.
Elon Musk has merged his artificial intelligence company xAI into SpaceX, bringing two of his most important ventures under a single corporate structure. The deal, announced on Monday, further consolidates Musk’s business empire as SpaceX prepares for a long-anticipated public offering later this year, with valuations expected to reach unprecedented levels.
Under the merger, SpaceX absorbs xAI’s assets, including the Grok chatbot and the social media platform X.
