Bloomberg:

SpaceX acquires xAI; sources say the combined company is expected to price shares at ~$527 each in a potential IPO and would have a valuation of $1.25T  —  Elon Musk plans to merge SpaceX with xAI, according to people familiar with the matter, in a deal that encompasses the billionaire's …

Bloomberg:

SpaceX acquires xAI; sources say the combined company is expected to price shares at ~$527 each in a potential IPO and would have a valuation of $1.25T  —  Elon Musk plans to merge SpaceX with xAI, according to people familiar with the matter, in a deal that encompasses the billionaire's …

Source: TechMeme
Source Link: http://www.techmeme.com/260202/p37#a260202p37