Musk’s ventures
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SpaceX Funding Fuels xAI’s Ambitious (and Likely Costly) Data Centers in Orbit
Elon Musk aims to merge SpaceX with xAI, creating “orbital data centers” and securing capital for xAI’s generative AI ambitions. This move leverages SpaceX’s space capabilities and potential IPO, with Starlink’s expansion providing crucial launch capacity. The merger capitalizes on strong investor interest in AI and a favorable regulatory environment, streamlining funding for xAI’s significant operational costs and past losses. This integration follows Musk’s pattern of consolidating his ventures and intermingling resources.
