SpaceX and xAI, founded by Elon Musk, are merging, Bloomberg reports.The preliminary market consensus valuation of the company after the merger is about $1.25 trillion, notes Watcher Guru.Following the Bloomberg report, Elon Musk confirmed to The Wall Street Journal that SpaceX has acquired his artificial intelligence startup xAI, merging the two companies into a single entity.Musk said the move aims to integrate space infrastructure with AI development, including long-term plans for orbital data centers and satellite-based computing.Financial terms of the deal were not disclosed. #game