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Search results for: "Elon Musk". 5 articles found.
Elon Musk's move last week to combine SpaceX and xAI has created one of the world's biggest and most valuable private companies, which analysts say offers a mix of potential growth and financial risk as it heads toward public markets...
SpaceX's launchpad near Brownsville, Texas. In addition to rockets and satellites, Elon Musk's company now includes artificial intelligence and social media businesses.
"We just need enough time to build the AI and robots to not go bankrupt before then."...
SpaceX's acquisition of xAI creates business worth $1.25tn but whether premise behind deal will work is questioned The acquisition of xAI by SpaceX is a typical Elon Musk deal: big numbers backed by big ambition. As well as extending "the light of consciousness to the stars", as Musk described it, the transaction creates a business worth $1.25tn ( 920bn) by combining Musk's rocket company with his artificial intelligence startup. It values SpaceX at $1tn and xAI at $250bn, with a...
Elon Musk's net worth soared past $800 billion this week after he merged SpaceX with xAI in a deal that valued the combined entity at $1.25 trillion.
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