Elon Musk merges SpaceX with xAI (and X)

Source: The Verge

Elon Musk Merges SpaceX and xAI

Elon Musk announced that he is merging two of the companies he leads—SpaceX and xAI (which also owns X)—into a single entity.

“SpaceX has acquired xAI to form the most ambitious, vertically‑integrated innovation engine on (and off) Earth, with AI, rockets, space‑based internet, direc…”

• The merger aims to combine SpaceX’s expertise in rockets and space‑based internet with xAI’s artificial‑intelligence capabilities.
• Musk describes the new organization as a “vertically‑integrated innovation engine” that will operate both on Earth and beyond.

Further details on the structure, leadership, and strategic goals of the combined company were not disclosed in the initial announcement.