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Elon Musk's SpaceX is planning to merge with xAI ahead of the planned public offering later this year
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Cryptopolitan
The initiative would combine Elon Musk’s rockets, Starlink satellites, the X social media platform, and the Grok AI chatbot.
The merger also comes as Musk battles for supremacy in the artificial intelligence space against major tech giants, including OpenAI, Meta, and Google.
Musk sets up two entities in Nevada to facilitate merger transaction🇺🇸 SPACEX + xAI MERGER TALKS HAPPENING Elon’s looking to merge SpaceX with xAI ahead of a possible IPO.
This could give xAI access to SpaceX’s massive infrastructure and data power, and make the IPO even bigger.
And that will be true within two years, maybe three at the latest.” -Elon Musk, Co-Founder and CEO of SpaceX.