Musk Confirms SpaceX-xAI Merger Creates $1.25 Trillion Company as Tesla Stock Drops 3.8%
Elon Musk confirms SpaceX merges with xAI to create a massive $1.25 trillion company combining artificial intelligence, rockets, and space-based computing, while Tesla stock plunges 3.8% amid analyst predictions that the electric vehicle maker could join the mega-merger within 12-18 months.