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Elon Musk announced plans for Terafab, a dual chip factory project by Tesla and SpaceX to produce AI chips for vehicles, robots, and space-based data centers.
Elon Musk has pushed out several leaders and employees at xAI as he restructures the company ahead of a potential initial public offering.
Elon Musk revealed Digital Optimus, a joint Tesla–xAI AI agent project powered by Grok and Tesla hardware. The announcement deepens links between the companies amid ongoing shareholder litigation.
Elon Musk revealed Macrohard, a joint Tesla and xAI project combining Grok and autonomous agents designed to emulate the functions of software companies.
xAI and its subsidiary MZX Tech face a lawsuit over emissions from natural gas turbines at Mississippi data centers, raising health and environmental concerns.
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.