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0 -0.000186601977981062 -0.00121291285687637 0.00046650494495239 -0.00158611681283823 0.00709087516327665 0.0147415562604963 0.0115469303974622
Stock impact report

US space stocks rise after Musk's SpaceX merges with xAI at $1.25 trillion valuation [Yahoo! Finance]

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: Yahoo! Finance
?valued the combined entity at $1.25 trillion, a major push to expand artificial intelligence ?infrastructure outside earth. Musk said the most cost-effective way to generate AI compute will be in space within two ?to three years as Big Tech companies pursue artificial general intelligence, a theoretical milestone where machines could surpass human thinking. Shares of Rocket Lab and Planet Labs rose around 3% in premarket trading, while AST SpaceMobile and Globalstar added 2.4% and 1.3%, respectively. Intuitive Machines gained 2.1% and and ?Redwire 4.9%. Musk said on Monday ?the merger aims to create a vertically integrated and ambitious innovation powerhouse, combining AI, rocket technology, space-based internet services, direct-to-mobile communications and a ?platform for real-time information and free speech. "Others may buy into Musk's grand vision of data centres in the cosmos, and this may only whet the appetite ahead of what could be the largest IPO ?of all time," AJ Show less Read more
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