SpaceX is continuing its ambitious journey to revolutionize space and technology with the acquisition of xAI,Elon Musk’s artificial intelligence company. The merger signifies a massive leap in integrating space exploration with cutting-edge AI capabilities.

As with SpaceX, then, Mr Musk is gambling Tesla’s future on AI, and his belief that he can harness his existing businesses to dominate the technology. Plenty of doubters have scoffed at his grand ambitions before. But never has Mr Musk put so much on the line. ■

SpaceX is in the headlines as the company recently acquired xAI in the largest M&A transaction in history. A little-known company called Destiny Tech100 (NYSE:DXYZ) could become a multibagger once this entity goes public.

The merger of SpaceX and xAI is reshaping how investors view Musk’s companies—linking rockets, satellites, and artificial intelligence into one of the most ambitious technology bets ever.

The company is planning ways to meet the energy and computing needs of AI, even as the company mulls a merger with xAI.

Locating data centres in space is being sold as a solution to the rising electricity and water consumption by AI. SpaceX has requested regulatory officials to allow up to one million satellites in the field that are not necessarily intended to provide internet,