Musk Floats Moon Factory as xAI Co-Founders Depart
Elon Musk outlined a vision for moon-based AI manufacturing as xAI faces mounting leadership departures following its acquisition by SpaceX and ahead of a potential IPO.
Elon Musk outlined a vision for moon-based AI manufacturing as xAI faces mounting leadership departures following its acquisition by SpaceX and ahead of a potential IPO.
SpaceX has acquired Elon Musk’s AI company xAI, combining rockets, satellites, and artificial intelligence into a vertically integrated effort aimed at scaling AI compute beyond Earth.
Elon Musk’s SpaceX and xAI are in talks about a possible merger, according to a Reuters report. The move could consolidate Musk’s AI, satellite, and launch businesses ahead of a potential SpaceX IPO.
Elon Musk affirms SpaceX plans a 2026 IPO, with commercial Starlink driving revenue and AI infrastructure influencing the timing of the public offering.
Elon Musk has broken new ground, achieving a net worth of $500 billion – the first time any person has ever crossed the half-trillion mark, according to Forbes.