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SpaceX Just Bought Elon Musk's CSAM Company [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The acquisition, according to the New York Times , creates the most valuable private company in the world, with Bloomberg reporting a total valuation of an eye-watering $1.25 trillion. “SpaceX has acquired xAI to form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world's foremost real-time information and free speech platform,” Musk wrote in a memo, as quoted by the NYT In a wide-ranging announcement posted by Musk and stuffed with sci-fi rhetoric, the billionaire highlighted the company's ambition to put orbital data centers in space and waxed philosophical on how this mission would help humanity ascend the Kardashev scale , understand the universe, and “extend the light of consciousness to the stars.” Musk explained that space-based AI was the “only way to scale” the technology in the long-term because of the vast amounts of solar energy that could be harves
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