SpaceX has acquired xAI, the company announced on Monday, merging two of Elon Musk’s most ambitious companies into the most valuable private company in the world.

SpaceX has acquired xAI, the company announced on Monday, merging two of Elon Musk’s most ambitious companies into the most valuable private company in the world.

  • partial_accumen@lemmy.worldEnglish
    9·
    4 months ago

    xAI must not have been getting enough investor interest and rather than admit it’s a stinker, he’s shackling spaceX with it.

    This is the same thing Musk did saddling Tesla (and Tesla public shareholders) with the debt of the failed company Solar City run by his cousin.