Elon Musk called an all‑hands meeting at his artificial‑intelligence firm xAI to unveil a plan for a lunar manufacturing facility that would produce AI satellites and launch them via a giant catapult. The announcement came as several co‑founders, including Tony Wu and Jimmy Ba, announced their departures, bringing the total of founding members who have left to six of the original twelve. Musk linked the moon factory to the company’s broader ambition to build the world’s most powerful AI model, and hinted that the move could dovetail with an upcoming public offering. The shift underscores Musk’s broader vision of integrating his multiple ventures—Tesla, SpaceX, Neuralink, and the Boring Company—into a single, data‑rich ecosystem. Read more →

Elon Musk announced that SpaceX has acquired his artificial‑intelligence startup xAI, creating a vertically integrated venture that combines rockets, satellite networks and advanced AI. The merger aims to launch a massive constellation of data‑center satellites that could deliver AI compute at lower cost than terrestrial facilities within the next few years. The combined company is valued at over a trillion dollars, and the deal ties together Musk’s space, social media and AI ambitions while positioning SpaceX for a potential public offering later this year. Read more →