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Axios
Axios
Business

Elon Musk's SpaceX to merge with xAI

X Elon Musk SpaceX XAI

SpaceX has acquired xAI in a deal that combines two of Elon Musk's biggest companies.

Why it matters: It dramatically reshapes SpaceX's looming IPO, giving investors access to a dominant space company and a frontier AI model developer.

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