US space stocks rise after Musk's SpaceX merges with xAI at $1.25 trillion valuation

Group 1 - U.S. space stocks experienced a rise following the announcement of the merger between SpaceX and xAI, valuing the combined entity at $1.25 trillion, aimed at expanding AI infrastructure in space [1][2] - The merger is intended to create a vertically integrated innovation powerhouse that combines AI, rocket technology, space-based internet services, and direct-to-mobile communications [2][3] - SpaceX is planning a significant public offering this year, potentially valuing the company at over $1.5 trillion, indicating strong investor interest in the space sector [3] Group 2 - Global investment in space technology is expected to increase, driven by government spending on defense-related satellite systems and private sector investments in launch capacity [4] - SpaceX has sought permission to launch a constellation of 1 million satellites to support AI data centers, highlighting the growing demand for energy-efficient solutions in data processing [5]