The Information:

SpaceX Acquires xAI for $250 Billion  —  Elon Musk's SpaceX acquired xAI for $250 billion in stock, said a person familiar with the situation.  SpaceX was valued at $1 trillion in the deal, another person familiar with the deal said.  The news, without the price, was confirmed by Musk …

The Information:

SpaceX Acquires xAI for $250 Billion  —  Elon Musk's SpaceX acquired xAI for $250 billion in stock, said a person familiar with the situation.  SpaceX was valued at $1 trillion in the deal, another person familiar with the deal said.  The news, without the price, was confirmed by Musk …

Source: TechMeme
Source Link: http://www.techmeme.com/260202/p40#a260202p40