Elon Musk announced that SpaceX and xAI will merge. The rocket company and the creator of AI projects, including Grok, could be worth more than $1 trillion.
Tech expert Omar Gallaga says Musk has plans to use the combined resources of his companies to build data centers in space.
Highlights from this segment:
– SpaceX has moved to acquired xAI. An eventual SpaceX public offering could be worth $1.5 trillion.
– Musk says building AI data centers in space would alleviate resource issues faced by Earth-bound data centers, like high water and power consumption.
– Observers see Musk’s promotion of the merger and its goals as both ambitious and hyperbolic. Musk has a history of making bold promises, some of which take longer to fulfill than others.
