04-February-2026
Corporate News
 
‘To the stars!’: Elon Musk’s SpaceX acquires xAI in record breaking $1.25 trillion deal
03-Feb-2026

Billionaire Elon Musk said on Monday that his rocket company SpaceX has acquired his artificial intelligence startup xAI in what is being described as a record-breaking deal. The deal was announced through an internal memo. “To the stars! @SpaceX & @xAI are now one company,” Musk said in a post shared on X.

News Source:- https://www.financialexpress.com/world-news/us-news/to-the-stars-elon-musks-spacex-acquires-xai-in-record-breaking-1-25-trillion-deal/4129186/?ref=morelatest_hp
 
 
 

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