Billionaire Elon Musk has overhauled the management of his artificial intelligence startup xAI ahead of a planned initial ...
Elon Musk's net worth soared past $800 billion this week after he merged SpaceX with xAI in a deal that valued the combined ...
SpaceX confirmed the deal to acquire xAI, a smaller firm known for its Grok chatbot, posting a memo from Musk about the merger on its website. Terms of the deal were not disclosed. However, a source ...
The idea of Musk combining his tech empire into an AI conglomerate has picked up steam in recent months.
Tesla retail was largely bearish after Musk announced plans to combine SpaceX and xAI, raising concerns that Tesla could be sidelined. ・Gary Black warned that any Tesla–SpaceX merger would likely be ...
Last week, Musk announced a record-setting, all-stock transaction in which SpaceX, the aerospace and defense juggernaut, ...
Billionaire folds rocket maker into a lossmaking AI start-up, betting scale and control can beat rivals to blockbuster IPO ...
Mirae Asset has invested a total of over US$400 million in SpaceX and sister firm xAI, according to analyst reports.
Elon Musk's net worth has quadrupled since 2024, and a successful SpaceX IPO could push his wealth well over $1 trillion.
Elon Musk may become the world’s first trillionaire in 2026. As of February 2026, the Tesla and SpaceX CEO’s net worth has ...
In the wake of cofounder exits, Elon Musk's hands-on management is reshaping the startup.