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tz-plus logo Giant Wedding in Space: Musk forges a $1.25 trillion tech colossus!

M. Blattmann
Reading Time: 4 minutes

In a far-reaching strategic restructuring, Elon Musk has merged the space company SpaceX and the AI startup xAI into an integrated technology conglomerate to meet the capital-intensive demands of the next generation of AI. According to insider information, the aggregated valuation of the new combined company is $1.25 trillion. Musk justifies the merger with the plan to eventually establish data centers in space. This would be, in the medium term, "the cheapest way" to generate the immense computing power required for AI, he wrote in a blog post....

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