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I'm trying to guess why Elon Musk wants to mash xAI into SpaceX. I'm stumped. [Business Insider]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in SpaceX: Very valuable company controlled by Elon Musk xAI: Another very valuable company controlled by Elon Musk. Elon Musk's companies routinely feature overlapping tech, employees, and investors. So why merge these two? Elon Musk starts and owns lots of companies . Maybe he's going to change that, a bit: The world's richest man is reportedly working on a plan to merge two of his most valuable companies into one megacompany. Musk, Reuters reports, wants to merge xAI — his very valuable AI company that has already merged with the company that used to be called Twitter — into SpaceX, his very valuable rocket company. "The combination would bring Musk's rockets, Starlink satellites, the X social media platform and ?Grok AI chatbot under one roof," Reuters says, suggesting that a combined company could help Musk build data centers in space .
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