Musk’s SpaceX in merger talks with xAI ahead of planned IPO, source says

Musk’s SpaceX in merger talks with xAI ahead of planned IPO, source says

By Echo Wang and Joey Roulette NEW YORK, Jan 29 (Reuters) – SpaceX and Elon Musk’s xAI are in talks to merge ahead of a successful public offering planned for later this year. The combination would bring Musk’s rockets, Starlink satellites, social media platform X and Grok AI chatbot under one roof, according to a … Read more

Tesla invests $2 billion in Musk’s xAI and reiterates Cybercab production starts this year

Tesla invests  billion in Musk’s xAI and reiterates Cybercab production starts this year

By Akash Sriram and Abhirup Roy Jan 28 (Reuters) – Tesla said on Wednesday it will invest $2 billion in CEO Elon Musk’s artificial intelligence company xAI – and that production plans for the Cybercab robot taxi are on track for this year. The news bolstered Musk’s plan to transform Tesla from an electric vehicle … Read more