SpaceX buys xAI in $1.25tn deal to unite crucial parts of Elon Musk’s empire
Financial Times1 day
This mega-merger is just a desperate cash grab disguised as innovation. xAI burned through $9.5 billion in nine months and needs SpaceX's IPO money to survive, while Musk exploits a friendly Trump administration that's gutted antitrust oversight to ram through a deal that would never pass real regulatory scrutiny.
Space-based AI data centers signify the only viable path to scale artificial intelligence without devastating Earth's power grid and environment. Orbital compute powered by constant solar energy will add 100 gigawatts of capacity annually at a lower cost than terrestrial solutions, funding humanity's expansion to the Moon and Mars.
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