Elon Musk's SpaceX opens IPO
Digest more
SpaceX's Starship, the world's largest rocket, has inspired several Chinese companies to develop similar spacecraft designs.
On Monday, Elon Musk announced that he was merging two of his companies, SpaceX and xAI, in a deal said to be worth $1.25 trillion. The reason, Musk said in an announcement, was that in order for AI to grow, it needed to go to space.