Tag: xAI
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SpaceX Launches Starship V3 in Major Test Flight Ahead of Planned IPO
SpaceX has launched its new Starship V3 rocket in a high-profile test flight from Texas after an earlier launch attempt was postponed because of a launch-tower malfunction. The uncrewed rocket lifted off shortly after 17:30 local time on Friday, marking the first flight of the latest Starship configuration, which stands approximately 124 meters tall. According…
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Musk Says SpaceX Prioritizing Lunar City Over Mars Settlement Plans
Elon Musk said SpaceX is prioritizing plans to establish a self-sustaining city on the Moon over its long-standing ambition to send humans to Mars, marking a potential shift in the company’s space exploration strategy. In a post on the social media platform X, Musk said a lunar city could be built within the next decade.…
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SpaceX Acquires Musk’s AI Firm xAI in Bid to Integrate Space and Artificial Intelligence
SpaceX has acquired xAI, the artificial intelligence firm founded by billionaire Elon Musk, as he moves to consolidate more of his technology businesses under a single structure. The transaction values SpaceX at around $1 trillion and xAI at about $250 billion, according to a source familiar with the deal. Financial terms were not disclosed. SpaceX…
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SpaceX Seeks U.S. Approval to Launch Up to One Million Satellites for Orbital AI Data Centres
SpaceX has applied for a licence from the Federal Communications Commission to deploy up to one million satellites, outlining plans to build large-scale artificial intelligence (AI) data centres in orbit, according to a regulatory filing cited by Bloomberg. In the application submitted late on Jan. 30, SpaceX said it intends to construct a solar-powered satellite…
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Musk Weighs Options to Consolidate SpaceX With Tesla or xAI, Sources Say
Elon Musk has held internal discussions about potentially consolidating parts of his business empire, including exploring whether SpaceX could merge with Tesla or absorb his artificial intelligence startup xAI, according to company filings and sources cited by Reuters and Bloomberg. SpaceX has evaluated the feasibility of a combination with Tesla, an idea that some investors…