SpaceX Unveils Acquisition of AI Firm xAI
5 day ago / Read about 0 minute
Author:小编   

On February 2 (local time), Elon Musk's SpaceX made a groundbreaking announcement: it had acquired the artificial intelligence company xAI. In a parallel statement, xAI confirmed its integration into SpaceX, using the term "joined." The newly merged entity boasts a valuation of $1.25 trillion, with individual shares anticipated to be priced around $527 each. Industry analysts view this strategic move as a pivotal step by Musk, laying the groundwork for a potentially massive initial public offering.