SpaceX CEO Elon Musk says he’s making space-based artificial intelligence the “immediate focus” of a newly expanded company that not only builds rockets and satellites, but also controls xAI’s generative-AI software and the X social-media platform.
That’s the upshot of today’s announcement that SpaceX has acquired xAI. The Information quoted unnamed sources as saying that xAI was valued at $250 billion, while SpaceX’s value was set at a trillion dollars. That would make SpaceX the most valuable private company in the world — but because Musk held a controlling interest in both companies, those valuations may be somewhat subjective.
Ross Gerber, an investment adviser who tracks Musk’s business dealings, quipped on X that the world’s richest person decided to go ahead with the acquisition after “a short negotiation with himself.”
Musk said the combination of SpaceX and xAI would facilitate the creation of a new constellation of orbital data centers. SpaceX is already seeking approval from the Federal Communications Commission to put up to a million satellites in low Earth orbit for such a constellation.
