Elon Musk Merges xAI Into SpaceX at $1.25 Trillion Valuation

Elon Musk has merged his startup xAI with SpaceX to create a $1.25 trillion innovation engine before a planned initial public offering in June 2026.This consolidation unites reusable rockets and the X platform to develop orbital data centers powered by solar energy.The move follows regulatory shifts under the administration of Donald Trump, with Jared Isaacman leading NASA and David Sacks serving as the artificial intelligence czar.