Elon Musk's SpaceX acquires xAI in $1.25T tie-up cover art

Elon Musk's SpaceX acquires xAI in $1.25T tie-up

Elon Musk's SpaceX acquires xAI in $1.25T tie-up

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Summary

The deal values the combined company at roughly $1.2 trillion, stepping SpaceX up from about $800 billion and putting xAI north of $200 billion, per a source familiar with the transaction.

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