SpaceX, Elon Musk and xAI
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By Echo Wang and Joey Roulette Feb 5 (Reuters) - Two Democratic U.S. senators urged the Pentagon on Thursday to conduct an immediate review of SpaceX amid allegations that Chinese investors have secretly acquired stakes in the closely held rocket maker,
The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by CNBC.
Elon Musk-owned SpaceX is reportedly considering to build its own mobile device with Starlink's satellite-based internet services.
Elon Musk, the world's richest man, just combined his companies SpaceX and xAI, creating the most valuable privately-owned company in the world.
By Joey Roulette WASHINGTON, Feb 5 (Reuters) - With a SpaceX IPO expected this year, the company has plans for its revenue-generating Starlink business that could expand its reach into new markets, including a Starlink phone,
Entering the phone business could bolster SpaceX’s revenues as the company begins marketing its IPO, but the smartphone business isn't easy.
Advisers to company CEO Elon Musk have reached out to major index providers seeking ways to secure earlier inclusion in market benchmarks to lift shares
Elon Musk's mega-deal combining SpaceX and xAI is the latest sign that the billionaire is consolidating his business empire as he goes all in on AI.
Senators Elizabeth Warren and Andy Kim have raised national security concerns over suggestions of Chinese investment in SpaceX.
Dig deeper into Musk’s big picture goals, and the merger starts to make a lot more sense — even if there’s a decidedly sci-fi twist.
As the hype builds for the reported $1.5 trillion IPO of Elon Musk’s SpaceX later this year, there will be plenty of critics who argue the company’s marketing has more hot air than one of its rockets.