Elon Musk merges SpaceX with xAI (and X)

Elon Musk announced that SpaceX has acquired xAI to create an ambitious, vertically-integrated innovation engine encompassing AI, rockets, space-based internet, and X (the platform formerly known as Twitter). Musk stated that terrestrial solutions cannot meet the immense power demands for future AI development, making space-based AI the only scalable long-term solution. He estimates that within two to three years, space will offer the lowest cost method for AI compute, enabling unprecedented data processing speeds. This new venture will build upon SpaceX's existing satellite sustainability strategies and is intended to fund future endeavors like self-growing bases on the Moon and civilization on Mars. The merger follows SpaceX's recent FCC filing for a massive constellation of data center satellites, and the combined entity is valued at $1.25 trillion, with SpaceX still planning an IPO this year.

(Source：The Verge)