SpaceX on Monday acquired xAI, the AI startup that also owns the X social media platform, in a deal combining two companies ...

Billionaire folds rocket maker into a lossmaking AI start-up, betting scale and control can beat rivals to blockbuster IPO ...

Elon Musk believes the best way to solve the difficulties of building AI data centers on earth is to move them into outer ...

It’s all about this sci-fi fantasy. Elon Musk just created the world’s most valuable private company. And he didn’t do it ...

SpaceX’s acquisition of xAI creates business worth $1.25tn but whether premise behind deal will work is questioned ...

SpaceX appears to be putting its Mars plans on hold for the time being. According to the Wall Street Journal, the company is ...

Merger with loss-making xAI looks to some investors more like a bailout than a rocket trip to the future ...

SpaceX, a leader in rocket launches and satellite internet, will now also house Musk’s ventures in artificial intelligence and social media.

The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, ...

Before the deal, Musk owned about 42% of SpaceX, which is about $336 billion, based on a tender offer launched in December ...

SpaceX has filed for permission to launch up to 1 million satellites configured as "orbital data centers." These spacecraft would operate in low Earth orbit between ...