SpaceX Acquires xAI in $250 Billion Mega Deal, Unifying AI and Space Ambitions

• Elon Musk's SpaceX has acquired his AI startup xAI in a record-setting $250 billion transaction, aiming to merge space and artificial intelligence endeavors.
• The deal values SpaceX at $1 trillion and xAI at $250 billion, with xAI investors receiving SpaceX shares or cash.
• Musk confirmed the acquisition, stating it marks a new chapter for both companies in their mission to scale AI and understand the Universe.
• This merger, if completed, would be the largest M&A deal ever, surpassing Vodafone's $203 billion takeover of Mannesmann in 2000.
• The acquisition strengthens SpaceX's move into data infrastructure and AI services, while xAI gains access to SpaceX's satellite network and capital.

Why It Matters: SpaceX's acquisition of xAI for $250 billion unifies Elon Musk's AI and space ambitions, creating a tech giant.