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On February 3, CNBC reported that on Monday, Musk made an announcement regarding the merger of SpaceX with the AI start - up xAI. The intention behind this move is to more effectively propel the development of "orbital data centers." However, in the short term, achieving this objective still poses significant challenges.
At present, xAI is confronted with more pressing funding requirements. It needs a substantial amount of investment to construct the necessary infrastructure. Musk has projected that within the next 2 to 3 years, space could emerge as the most cost - effective location for generating AI computing power. Additionally, SpaceX has plans to go public this year, and this move may well turn out to be a crucial means of securing the required funds.
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