SpaceX and xAI are teaming up, which should speed up efforts to move AI infrastructure out into space.

SpaceX, the rocket and satellite maker led by Elon Musk, said on Monday it had acquired xAI, the artificial intelligence company controlled by Mr. Musk, a sweeping move to consolidate his business empire as it faces questions about the cost of its A.I. ambitions.

Elon Musk has suggested that SpaceX's next Starship rocket launch could occur in early March 2026. Here's what we know about Flight 12.

Elon Musk’s rocket-building company SpaceX said on Monday it had acquired his artificial intelligence and social media venture xAI, a move that consolidates the entrepreneur’s two largest private businesses into a massive new conglomerate to sit alongside his publicly listed electric vehicle maker Tesla, from which Musk derives much of his wealth.

Elon Musk’s rocket company SpaceX Corp. today said it has acquired his artificial intelligence startup xAI Corp. ahead of what will likely be one of the largest initial public offerings in history later this year.

The mighty Starship rocket could take its 12th test flight as early as March, according SpaceX chief Elon Musk. In a post on X on Monday, Musk shared a photo of the massive rocket in an earlier flight,

PayPal has appointed former board chair Enrique Lores as chief executive, replacing Alex Chriss who had been chief executive since 2023. Lores is stepping down as CEO of HP, which is racing to search for his replacement, Semafor reports. HP board member Bruce Broussard will be interim CEO.