Elon Musk Is Said in Advanced Talks to Combine SpaceX, xAI

(Bloomberg) — Elon Musk is in advanced talks to combine SpaceX (SPAX.PVT) with xAI (XAAI.PVT), according to people familiar with the matter, underscoring how the billionaire’s vision for an artificial intelligence-powered world has grown too costly for any one of his entities to shoulder alone. Musk’s rocket and satellite group and his artificial intelligence firm have informed some of their investors about the plans, the people said, asking not to be identified because the information is private. They ma ...