Billionaire folds rocket maker into a lossmaking AI start-up, betting scale and control can beat rivals to blockbuster IPO ...

Musk is known for making bold promises, but his insistence on Optimus as Tesla's future isn't ringing hollow. Musk recently ...

Elon Musk’s SpaceX has acquired his social media and artificial intelligence business xAI in a $1.25tn (£910bn) deal to unite ...

Last week, speculation swirled that Tesla (NASDAQ:TSLA) and SpaceX would merge ahead of SpaceX’s planned initial public ...

Elon Musk reposted a chart on X with the caption “The balance of power is changing.” There was no further explanation. The chart itself had already be.

PayPal (NASDAQ:PYPL) shares are falling 18% in morning trading today after the company reported fourth-quarter earnings that ...

The details: The deal valued SpaceX at about $1 trillion, up from the roughly $800 billion cited in December; xAI was valued ...

Last year, Elon Musk’s xAI artificial intelligence start-up bailed out investors in X, his social media platform. Then Musk’s ...

The billionaire is folding his successful rocket maker into a loss-making AI start-up, betting scale and control can beat ...

By Jaspreet Singh Feb 3 (Reuters) - U.S. space stocks rose on Tuesday after Elon Musk announced the merger of SpaceX and xAI in a deal that valued the combined entity at $1.25 trillion, a major push ...

Elon Musk's rocket and space Internet business, SpaceX, is merging with his generative AI business xAI. The merger, which ...

A SpaceX Falcon 9 rocket is prepared for launch carrying NASA's IMAP mission, which will study the boundary of the sun's heliosphere and other scientific payloads, at the Kennedy Space Center in Cape ...