Genius or showman? How Musk built a $1.8trn AI colossus
The billionaire is folding his successful rocket maker into a loss-making AI start-up, betting scale and control can beat rivals to a blockbuster IPO.
Elon Musk explains the operations of SpaceX’s Starship rocket to Donald Trump. The billionaire says the merger of SpaceX with xAI is needed to build data centres. AP
Stephen Morris, George Hammond and Cristina Criddle
Elon Musk pulled off one of the most audacious deals of his career on Monday (Tuesday AEDT), merging SpaceX with xAI to create the most valuable private company in history.
The $US1.25 trillion ($1.78 trillion) merger combines the billionaire’s dominant rocket maker with his loss-making AI start-up and social media network X.
