SpaceX, X and xAI are now one company.Elon Musk announced the merger of SpaceX and the startup xAI, which relatively recently became the owner of all X (formerly Twitter, yes).

Now under one “roof” there are Grok, Starlink, Starship and, in fact, X. Officially, Musk says that he is uniting the companies with the expectation that in the next 2-3 years, space will become the cheapest way to generate computing power for AI.

But what's important is that SpaceX is set to IPO this year.Now after the merger with xAI, the valuation is $1.25 trillion.To be sure, Musk also invested $2 billion in xAI through Tesla. #game