Why SpaceX bought xAI: Data centers in space arent the only reason
Elon Musk, the world's richest man, just combined his companies SpaceX and xAI, creating the most valuable privately-owned company in the world.
The reason? In a statement posted on SpaceX's website after the news broke on Monday, Musk said that the electricity demand for AI was too much and, in the long term, AI data centers will need to operate in space. Days before SpaceX acquired xAI (creating a company valued at an estimated $1.25 trillion), the company had already submitted filings...