SpaceX acquires Elon Musk’s xAI in $1.25T merger, boosting its IPO and AI-space integration.

SpaceX has acquired Elon Musk's AI company xAI, merging it with the space company as part of a strategy to combine space and AI ambitions, resulting in a combined entity worth $1.25 trillion. The move supports SpaceX's upcoming public offering, which is expected to be worth more than $1.5 trillion, and aims to leverage satellite and launch capabilities alongside AI development, particularly in data centers and competition with major tech firms. The merger may face regulatory scrutiny due to overlapping leadership and federal contracts. Meanwhile, Japan's robotics sector is working with tech companies to advance physical AI, and Hyundai intends to deploy 30,000 Boston Dynamics humanoid robots in the United States. Plants will begin production in 2026 to reduce costs in the face of rising tariffs.