Elon Musk pulled off one of the most audacious deals of his career this week – merging his rocket company SpaceX, with his loss-making artificial intelligence startup xAI. Fittingly for the world’s ...

XAI Holdings is not that. The company, which owns Musk’s AI startup and the social network X, is saddled with billions of dollars in debt, besieged by well-funded rivals and faces mounting regulatory ...

Elon Musk's rocket maker SpaceX has acquired artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC has confirmed. The transaction comes ahead of a potential ...

Getting your Trinity Audio player ready... Denver-based oil and gas companies SM Energy Co. and Civitas Resources completed a $12.1 billion merger after stockholders approved the transaction last week ...

The sports-first streamer and ESPN also unveiled a reseller and marketing deal to expand the reach and distribution of Fubo services in the Disney ecosystem. By Etan Vlessing Canada Bureau Chief Fubo ...

Sprawling conglomerates fell out of fashion long ago in America. Elon Musk is giving them new life. On February 2nd the world’s richest man announced that SpaceX, which builds rockets and sells ...

SpaceX (SPAX.PVT) will merge with xAI (XAAI.PVT) in a deal that consolidates two of Elon Musk's biggest private startups, the space exploration company said in a statement. "SpaceX has acquired xAI to ...

Aerospace and technology company SpaceX (SPACE) confirmed previous reporting that it has agreed to acquire generative artificial intelligence company xAI (X.AI), bringing two of Elon Musk's most ...

Fifth Third Bancorp said Monday it has completed its merger with Comerica Inc., creating the nation’s ninth-largest bank. In the fall, Cincinnati-based Fifth Third had agreed to acquire ...

Plans for Fort Financial Credit Union to merge with an Elkhart-based financial organization have been called off after a vote by membership. Fort Financial said Monday that the member vote had ...

Access to primary care is collapsing in the U.S., creating an opening for new models that lower costs and improve outcomes. The new entity will be led by Premise CEO Stu Clark. He framed the deal as a ...

SpaceX is considering a potential merger with Tesla Inc., as well as an alternative combination with artificial intelligence firm xAI, according to people familiar with the matter, a sign billionaire ...