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 →