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SpaceX Acquires XAI in Mega-Deal, Elon Musk Tells Workers

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

Elon Musk is combining SpaceX and xAI as he overhauls his sprawling business empire.
Musk told workers in a Monday memo that SpaceX has acquired xAI, his AI company, a source familiar with the matter confirmed to Business Insider.
SpaceX, which Musk … [1689 chars]

Source: Business Insider | Published: 2026-02-02T21:51:17Z

Credit: Business Insider

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