Tech billionaire and eccentric Elon Musk is joining his space exploration and artificial intelligence ventures into a single company before what's expected to be a blockbuster initial public offering (IPO) for the business later this year.
His rocket venture, SpaceX, announced late on Monday that it had bought xAI in an effort to help the worldβs richest man dominate the rocket and artificial intelligence businesses.
The deal will combine several of his offerings, including his AI chatbot Grok, his satellite communications company Starlink, and his social media company X.
Musk has talked repeatedly about the need to speed development of
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