Musk wrote that the merger of SpaceX and xAI will ‘form the most ambitious, vertically-integrated innovation engine on (and off) Earth.’

Elon Musk's rocket company SpaceX is taking over his artificial intelligence (AI) start-up, as the billionaire takes steps to unify some of his many different business interests. SpaceX on Monday confirmed the deal to acquire xAI,

SpaceX confirmed the deal Monday, posting a memo Musk sent out about the arrangement on its website. “SpaceX has acquired xAI to form the most ambitious, vertically-integrated i

Elon Musk is joining his space exploration and artificial intelligence ventures into a single company before a massive planned initial public offering for the business later this year. His rocket venture,

SpaceX is acquiring xAI, the company announced on Monday, representing a merger of two of Elon Musk’s most ambitious companies.

Elon Musk is in advanced talks to combine Space Exploration Technologies Corp. with xAI, according to people familiar with the matter, underscoring how the billionaire’s artificial intelligence ambitions have grown too costly for any one of his entities to shoulder alone.

SpaceX Starbase in Boca Chica, Texas.Credit...Callaghan O'Hare for The New York Times Supported by By Ryan Mac Kate Conger Maureen Farrell and Rob Copeland Ryan Mac reported from Los Angeles, Kate Conger from San Francisco,

Elon Musk announced that SpaceX would merge with his artificial intelligence company, xAI, creating the world’s most valuable private company. The new combined company is valued at around $1.25 trillion,