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SpaceX acquires xAI, combined entity valued at $1.25 trillion valuation

SpaceX acquires xAI, combined entity valued at $1.25 trillion valuation

A merger would represent ‌one of the most high-profit corporate pairings in Silicon Valley, blending a space-and-defense contractor with a rapidly evolving AI developer whose costs are dominated ​by chips, data centers ​and energy.

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