Musk's xAI, SpaceX combo is the biggest merger of all time, valued a $1.25 trillion
CNBC Television·2026-02-03 16:45
Elon Musk's rocket company SpaceX acquiring Musk's artificial intelligence company XAI in what would be the largest M&A deal in history and ahead of a possible blockbuster IPO for SpaceX. I thought this line guys was interesting. Global electricity demand for AI simply cannot be met with terrestrial solutions.David, >> yeah, it's uh it's about data centers in space to a certain extent. Uh Carl, but uh it is as Carl just said the largest deal of all time. Um I mean there it is uh you know $250 billion.Now if ...