Elon Musk Considers Merging SpaceX, Tesla, and xAI into Trillion-Dollar Entity
Elon Musk is reportedly exploring a mega-merger of SpaceX, Tesla, and xAI to create an integrated tech giant, potentially valued at over $1 trillion before a SpaceX IPO.
Elon Musk is reportedly exploring a mega-merger of SpaceX, Tesla, and xAI to create an integrated tech giant, potentially valued at over $1 trillion before a SpaceX IPO.
Tesla reveals $430M Megapack battery sales to xAI in 2025, powering Memphis data center, while investing $2B in xAI's $20B funding round.
Tesla announces the end of Model S and Model X production as CEO Elon Musk pivots the company toward AI and robotics, converting the Fremont factory to produce Optimus robots while reporting its first-ever revenue decline and investing $2 billion into xAI.
Tesla discloses $2B investment in xAI's Series E funding round, aiming to enhance AI product deployment into the physical world and develop Optimus robots at scale.
In his debut at the World Economic Forum in Davos, Elon Musk forecasted a future where robots are more numerous than humans and provided updates on Tesla's Optimus robot and autonomous driving plans.
Elon Musk announced that Tesla is aiming for a nine-month design cycle for its AI processors, a pace that would surpass the yearly cadence of industry leaders Nvidia and AMD.