SpaceX, the rocket and satellite maker led by Elon Musk, said on Monday it had acquired xAI, the artificial intelligence company controlled by Mr. Musk. The deal creates the most valuable private company in the world,

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,

Elon Musk's SpaceX has taken over his artificial intelligence company xAI in a merger aimed at deploying space-based data centers, a statement said on Monday.

Elon Musk’s SpaceX acquired the billionaire’s artificial intelligence startup xAI, according to a Monday statement, consolidating two Musk-owned companies under one roof as xAI looks to build a space-based competitive edge against rivals like OpenAI,

Elon Musk's company SpaceX applied for permission to launch up to one million satellites into Earth's orbit in a bid to power artificial intelligence

Musk says the newest merger of companies he owns is necessary to create “a sentient sun to understand the universe.”

Elon Musk's mega-deal combining SpaceX and xAI is the latest sign that the billionaire is consolidating his business empire as he goes all in on AI.

Elon Musk’s SpaceX has acquired xAI, the companies announced. The merger will “form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet,