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SpaceX Merger Provides Lifeline for Musk’s Debt-Ridden AI Startup
Yahoo Finance· 2026-02-04 20:40
Photographer: Andrey Rudakov/Bloomberg By many counts, SpaceX is the most successful venture Elon Musk ever started. The rocket maker revolutionized the space industry, built a multibillion-dollar business fueled by lucrative government contracts and a growing satellite communications network, and still has few credible competitors. XAI Holdings is not that. The company, which owns Musk’s AI startup and the social network X, is saddled with billions of dollars in debt, besieged by well-funded rivals and ...
Musk: The cost of AI in space will be better than AI on the ground. 🛰️
Yahoo Finance· 2025-11-19 18:30
In space, you you've got continuous solar. You actually don't need batteries because it's always sunny in space. >> That's right.Exactly. >> Um and the solar panels actually become cheaper because you don't need glass or framing and the cooling is just radiative. So that's that's why I think >> that's the dream.>> My estimate is that actually that that that the cost effectiveness of AI in space will be overwhelmingly better than AI on the ground long before you uh exhaust potential energy sources on on Eart ...