Elon Musk is merging his rocket maker SpaceX with his artificial intelligence startup xAI in a deal that changes what a future SpaceX IPO represents. Bloomberg reports that the merged company is ...

Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.

Elon Musk’s SpaceX has acquired Musk’s xAI, the companies announced. The merger will “form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based ...

Apollo Global Management (APO) is closing in on a deal to lend $3.4B that will be used to buy Nvidia (NVDA) chips that will be leased to Elon Musk's xAI (X.AI), according to a media report on Monday.

Elon Musk is merging his rocket maker SpaceX with his artificial intelligence startup xAI in a deal that changes what a future SpaceX IPO represents. After rumors surfaced last week, Musk confirmed ...