ET 14:12

Musk Unites SpaceX and xAI as $800B Founder Consolidates Tech Power

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Elon Musk has merged SpaceX and xAI, creating a new model for consolidated tech power under one executive. At $800 billion, Musk’s net worth rivals GE’s peak market cap, and the integration underscores his strategy to accelerate innovation through velocity and scale. The move raises questions about how other founders and investors will respond, including potential followings by figures like Sam Altman.

EditorThomas Ho