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What's Musk Trying to Achieve With the SpaceX-xAI Deal?

Elon Musk is combining SpaceX and xAI as he looks to fuel his increasingly costly ambitions in artificial intelligence and space exploration. The deal gives SpaceX a valuation of $1 trillion, and xAI a value of $250 billion, people familiar with the matter said. Bloomberg's Neil Campling breaks down the possible reasoning behind the deal. (Source: Bloomberg)