The acquisition of xAI by SpaceX is a typical Elon Musk deal: big numbers backed by big ambition. As well as extending “the light of consciousness to the stars”, as Musk described it, the transaction creates a business worth $1.25tn £920bn by combining Musks rocket company with his artificial intelligence startup. It values SpaceX at $1tn and xAI at $250bn, with a stock market flotation expected in June to time with Musks birthday and a planetary alignment. However, there are questions over...
