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The Latest Breaking News from XAI

Why Elon Musk’s SpaceX mega-merger could be his biggest business risk so far

THE NEW SPACE RACE: The entrepreneur wants to take AI off-planet, but investors sometimes have more earthly requirements, writes Karl Matchett

The Independent UK

AI arms race approaches IPO reckoning

OpenAI, Anthropic and xAI — now with SpaceX — are all barreling toward watershed IPOs.

Axios

Tesla Is Investing $2 Billion in xAI. Is That Bad News or Good News for TSLA Stock?

Tesla invested $2 billion in xAI against many shareholders' wishes. Can this still end up helping Tesla and reinforce the AI narrative?

Barchart

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Should You Buy Tesla Stock After the SpaceX-xAI Merger?

Should you buy, sell, or hold TSLA following the merger of SpaceX with xAI?

Barchart

SpaceX hits €1.06tn after xAI merger as Musk consolidates empire

A €1.06tn valuation for the combined SpaceX-xAI business narrows the gap with Tesla, as Musk leans harder into AI and space while Tesla fights slowing growth and a shrinking subsidy backdrop.

Euronews

Musk insists that 'the lowest cost way to generate AI compute will be in space' within three years after SpaceX acquired xAI, but that timeline is more science fiction than strategy

Musk’s timeline for cheap AI compute in orbit after SpaceX bought xAI ignores the massive logistical and physical hurdles that remain.

TechRadar

Nasdaq Slides 1.4% on Big Tech Questions: Stock Market Today

Palantir Technologies proves at least one publicly traded company can spend a lot of money on AI and make a lot of money on AI.

Kiplinger

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French investigators raid X’s Paris HQ, expanding probe into Grok AI chatbot

French authorities have raided X’s Paris offices as part of an expanding investigation into the platform’s content and Grok AI tool.

Radio France Internationale

Elon Musk is taking SpaceX’s minority shareholders for a ride

Merger with loss-making xAI looks to some investors more like a bailout than a rocket trip to the future

The Guardian - UK

Paris prosecutors raided X offices and summoned Musk as global crackdown on Grok intensifies

UK regulators also opened formal investigations.

Axios

UK privacy watchdog opens inquiry into X over Grok AI sexual deepfakes

Information Commissioner’s Office to investigate whether Elon Musk’s firms have complied with data protection law

The Guardian - UK

Waymo's World Domination Plans Just Got A $16 Billion Boost

Today on Critical Materials: Waymo gets $16 billion, SpaceX buys xAI and California's new EV tax credit starts to take shape.

InsideEVs

Elon Musk says a 'sentient sun' built from a million satellites is the aim of the SpaceX and xAI merger – but big questions remain

SpaceX and xAI are teaming up, which should speed up efforts to move AI infrastructure out into space.

TechRadar

SpaceX acquires xAI in a bid to make orbiting data centers a reality — Musk plans to launch a million tons of satellites annually, targets 1TW/year of space-based compute capacity

Elon Musk merges SpaceX and xAI to help achieve his dreams of putting AI data centers in orbit, with a goal of hitting 100 gigawatts of compute in space.

Tom’s Hardware

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Fortune

Why President Trump’s latest crypto scandal could spell disaster for the blockchain industry

A bombshell report revealed that an Abu Dhabi royal bought a 49% stake in Trump’s flagship crypto project.

The Times of India

MrBeast mocks Elon Musk’s SpaceX and xAI merger announcement with a cheeky tweet that sends X into a frenzy

MrBeast sparked online buzz after joking about Elon Musk’s announcement that SpaceX and xAI have merged into one company. Responding to Musk’s celebratory post, the YouTuber quipped about posting on a SpaceX-owned platform, sending X into a frenzy. The lighthearted jab drew widespread reactions and briefly stole attention from the…

Barchart

Nasdaq Futures Climb on Blowout Palantir Results

March Nasdaq 100 E-Mini futures (NQH26) are trending up +0.41% this morning as forecast-beating quarterly results and guidance from Palantir Technologies boosted sentiment.

The Guardian - UK

FTSE 100 falls back from record high amid AI worries; gold heads for best day since 2008 – as it happened

Rolling coverage of the latest economic and financial news

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The Independent UK

Inside Grok’s pivot to porn — all in a bid to keep users engaged and away from the AI system’s original purpose

Former employees have alleged that the chatbot’s ongoing scandals over sexualized images are a direct result of Musk’s drive to corner the market in lewd AI

Fortune

Elon Musk’s SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO

“My estimate is that within two to three years, the lowest cost way to generate AI compute will be in space,” Musk wrote in a post on SpaceX’s website on Monday.

The Guardian - US

Elon Musk merges SpaceX with xAI at $1.25tn valuation

Aerospace business and artificial intelligence firm to unite for IPO as world’s most valuable private company

Axios

Elon Musk's SpaceX to merge with xAI

The deal raises the stakes for the widely reported looming SpaceX IPO.

The Independent UK

Indonesia lifts ban on Grok but AI tool to remain ‘under strict supervision’

Ban was imposed over concerns that the AI tool was being used to generate sexualised imagery

The Independent UK

Elon Musk’s SpaceX and xAI explore merger for space-based AI

The deal would unite SpaceX’s reusable rockets, Starlink internet satellites, the X platform and the AI chatbot Grok

Euronews

Musk weighs tech mega-merger across SpaceX, Tesla and xAI, reports say

Tech circles are buzzing over talks that could combine Musk’s space, AI, and electric vehicle businesses into a trillion-dollar group ahead of a potential SpaceX listing.

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