SPACEX ACQUIRES XAI IN WORLD'S MOST VALUABLE MERGER

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Elon Musk’s SpaceX is acquiring his artificial‑intelligence start‑up xAI, the company confirmed by publishing a memo from Musk on its website. The smaller firm, known for the Grok chatbot, will be folded into SpaceX, though financial terms were not disclosed. A source familiar with the deal said it values xAI at about $125 billion and SpaceX at $1 trillion — figures that would make SpaceX the most valuable private company ever.








