On Monday, Elon Musk’s rocket company SpaceX bought his AI firm XAI, whose most notable contribution to mankind is enabling the mass digital undressing of women and children with its chatbot Grok. acquisition, according to new York TimesCreates the world’s most valuable private company bloomberg reporting An eye-watering total valuation of $1.25 trillion.
“SpaceX has acquired NYT.
in a wide range Announcement Posted by Musk and full of sci-fi rhetoric, the billionaire highlighted the company’s ambition to establish an orbital data center in space and waxed philosophical about how this mission will help humanity climb the Kardashev scale, understand the universe, and “raise the light of consciousness to the stars.”
Musk explained that space-based AI was “the only way to scale” the technology in the long term because of the large amounts of solar energy that could be used — or, as Musk further explained, because “space is called ‘space’ for a reason. ??? Not one to curb his ambitions, he compared his goal of populating Earth’s orbit with AI satellites to the creation of a “sentient sun.”
comes after the acquisition reports Musk was considering taking SpaceX public at a valuation of $1.5 trillion, which would make it the largest IPO in history. The valuation of the company has increased rapidly. Last summer, SpaceX had a private valuation of $400 billion. In December it doubled to $800 billion. With the IPO buzz, it almost doubled once again. Meanwhile, xAI was last valued at $230 billion.
It’s unclear what SpaceX’s acquisition of XAI could mean for its potential transformation into a publicly traded company, but a bloomberg The source familiar with the acquisition said the company is still hoping to hold an IPO later this year.
The move is the latest example of how Musk is pivoting his business toward AI. His social media site At his automaker Tesla, Musk has taken a tough step toward building autonomous AI-powered machines, including humanoid robots and robotaxis — while finishing your prime cars.
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