Global Infrastructure SherpaSpaceX acquires xAI to build orbital AI data centers
SpaceX acquired xAI for $250B to launch a constellation of up to a million satellites to power orbital AI data centers, targeting up to 100 gigawatts of AI compute annually, powered by solar energy.
Source Intelligence
SpaceX intends to launch an IPO, aiming to raise up to $50B. Quote: SpaceX also confirmed its intention to launch an IPO, aiming to raise up to $50B, which, if achieved, would make it the biggest IPO ever launched.
"SpaceX has acquired xAI, Elon Musk’s AI venture, for $250B and announced plans to launch a constellation of up to a million satellites to power orbital AI data centers."
"SpaceX has acquired xAI, Elon Musk’s AI venture, for $250B and announced plans to launch a constellation of up to a million satellites to power orbital AI data centers."
"Competitors such as Amazon (with Project Kuiper) and OneWeb have much smaller constellations; traditional data center operators (Equinix, Digital Realty) may see this as a distant threat, perpetually five or 10 years away."
"Competitors such as Amazon (with Project Kuiper) and OneWeb have much smaller constellations; traditional data center operators (Equinix, Digital Realty) may see this as a distant threat, perpetually five or 10 years away."
"xAI is reportedly burning approximately $1 billion per month competing with OpenAI, Google, Microsoft, Anthropic, and others."
"xAI is reportedly burning approximately $1 billion per month competing with OpenAI, Google, Microsoft, Anthropic, and others."
"xAI is reportedly burning approximately $1 billion per month competing with OpenAI, Google, Microsoft, Anthropic, and others."
"xAI is reportedly burning approximately $1 billion per month competing with OpenAI, Google, Microsoft, Anthropic, and others."