SpaceX acquires xAI to build AI data centers in space, Tesla (TSLA) invests $2 billion in Musk’s xAI
SpaceX has acquired Elon Musk's AI company, xAI, with a goal of building AI data centers in space. In a related move, Tesla has invested $2 billion into xAI. This signals a deeper integration of Musk's companies and a major commitment to advancing AI capabilities, which could eventually benefit Tesla through enhanced data processing and AI development.