Elon Musk plans to merge SpaceX with xAI in a deal that encompasses the billionaire's increasingly costly ambitions to dominate AI and space exploration.

Elon Musk's SpaceX is taking over his artificial intelligence (AI) start-up, as the billionaire continues to unify some of his many business interests. SpaceX confirmed the deal to acquire xAI, a smaller firm known for its Grok chatbot,

SpaceX is acquiring xAI, the company announced on Monday, representing a merger of two of Elon Musk’s most ambitious companies.

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.

SpaceX has formally acquired another one of Elon Musk’s companies, xAi, the space company announced on Monday afternoon. “SpaceX has acquired xAI to form the most ambitious, vertically-integrated innovation engine on (and off) Earth,

SpaceX has acquired xAI in a deal that combines two of Elon Musk's biggest companies. Why it matters: It dramatically reshapes SpaceX's looming IPO, giving investors access to a dominant space company and a frontier AI model developer.

SpaceX confirmed the deal Monday, posting a memo Musk sent out about the arrangement on its website. “SpaceX has acquired xAI to form the most ambitious, vertically-integrated i

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,