Cathie Wood Bets Big On Musk As SpaceX–xAI Merger Anchors 17.5% Of ARK Fund

Cathie Wood's flagship venture fund has realigned its heaviest bets following a record-breaking merger between Elon Musk's aerospace giant and his artificial intelligence startup. A Trillion-Dollar Integration The ARK Venture Fund (ARKVX) has confirmed that SpaceX and xAI have merged in a “transformative deal” that values the combined entity at $1.

SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions

By Echo Wang and Joey Roulette Feb 2 (Reuters) - Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies Musk's AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok chatbot.

FCC Opens Review of Elon Musk's SpaceX Plan for Orbital AI Data Centers

The filing follows approval of Starlink’s Gen2 expansion and Elon Musk’s push to move AI infrastructure into orbit.

SpaceX Is Becoming The Most Valuable Private Company In The World With New Merger

Elon Musk is already the world's richest man, but soon he'll own the world's most valuable private company, as the result of a major SpaceX merger.
Global Finance Magazine

SpaceX IPO Would Set Record As First Trillion‑Dollar Offering As More Giants Line Up

If Musk succeeds in taking SpaceX public this year, it will likely sell about 10% of its equity in the IPO, raising $125 billion. That figure would handily exceed Saudi Aramco’s IPO proceeds of $29.4 billion, the largest global IPO ever, and Alibaba’s IPO proceeds of $21.8 billion, still the largest ever in the US since its 2014 debut.

Analysis-Musk fires up SpaceX, Bezos pushes Blue Origin as US billionaires race China to moon

By Joey Roulette WASHINGTON, Feb 13 (Reuters) - The space race between U.S. billionaires is heating up, with Elon Musk's SpaceX planning to build a lunar base and Jeff Bezos pushing Blue Origin's ambitions as both companies aim to return humans to the moon ahead of a planned mission by China in 2030.

Forget the SpaceX IPO: 1 No-Brainer Stock to Buy Hand Over First for the Artificial Intelligence (AI) Space Economy

As rumors swirl about a SpaceX IPO, Elon Musk's rocket ship company makes an even bigger move.

SpaceX Is buying xAI—and turning the rocket company into an AI infrastructure giant

Musk’s merger of SpaceX and xAI turns a future IPO into a bet on space-based data centers and a $1.25 trillion vision for AI compute beyond the planet. Elon Musk is merging his rocket maker SpaceX with his artificial intelligence startup xAI in a deal that changes what a future SpaceX IPO represents.

Musk predicts more AI capacity will be in orbit than on Earth in 5 years, with SpaceX becoming a ‘hyper-hyper’ scaler

Musk said getting all that AI and solar capacity in space will require about 10,000 launches a year—or a launch in less than an hour every day.