• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

SpaceX bails out xAI in mega-deal — here’s what it means for Tesla

SpaceX announced today that it has acquired xAI, Elon Musk’s AI company, in a deal that creates a combined entity reportedly valued at $1.25 trillion ahead of a planned IPO. The acquisition notably does not include Tesla, which just invested $2 billion in xAI last month. Read more…

Bookmark the permalink.

Comments are closed.