Elon Musk's space company SpaceX has announced a deal to acquire the startup xAI, which also belongs to him and specializes in artificial intelligence, according to information from CNN.
The merger of these two major companies with a limited number of shareholders will lead to the creation of the most expensive private company in the world.
The channel views this merger as a necessity for xAI to secure funding to remain competitive in the rapidly evolving field of AI, as well as evidence of the importance of this technology for the future of space exploration.
It was previously reported that Musk intends to place data centers in space to perform complex computations. He claims: "The best solution would be to move resource-intensive developments into space, where vast energy resources and space are available."
SpaceX, which was planning to go public in early summer, managed to generate a profit of $8 billion last year with revenues of $15-16 billion. It was expected that the company could raise up to $50 billion with a valuation of approximately $1.5 trillion.
