The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by CNBC.
Last week, Musk announced a record-setting, all-stock transaction in which SpaceX, the aerospace and defense juggernaut, ...
The investment made Humain a "significant" minority shareholder, with its xAI holdings converted into SpaceX shares, it said.
After SpaceX merger, xAI is shedding co-founders with influential researcher Jimmy Ba the latest to depart.
The embattled xAI Grok chatbot is coming to Tesla EVs in the U.K. and Europe.
Voyager CEO Dylan Taylor said a two-year time frame for data centers in space would be "aggressive." ...
Elon Musk's net worth soared past $800 billion this week after he merged SpaceX with xAI in a deal that valued the combined ...
It is the 12th long-duration ISS team that NASA has flown aboard a SpaceX launch vehicle since Elon Musk's rocket venture began sending U.S. astronauts to orbit in 2020.
Two Democratic senators urged the Pentagon to conduct a review of SpaceX amid allegations that Chinese investors secretly ...
Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.
Elon Musk's net worth potentially blasting off to another world thanks to SpaceX. CNBC's Robert Frank joins 'Squawk Box' with ...