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Elon Musk · United StatesSpaceX has acquired xAI, the company announced on Monday, merging two of Elon Musk’s most ambitious companies. “This marks not just the next chapter, but the next book in SpaceX and xAI’s mission,” a statement on SpaceX’s website said. The merger could be seen as an indication of the cash xAI needs to compete in the fast-growing field of AI, as well as the technology’s importance in future of space exploration.See the Story
Elon Musk’s SpaceX to Acquire xAI, Creating World’s Most Valuable Private Company
47% Center coverage: 221 sources
Bitcoin · United StatesBy John Towfighi, CNN New York (CNN) — A nervous mood swept through markets Tuesday as stocks stumbled and bitcoin slumped to its lowest level since November 2024. The Dow was down 360 points, or 0.73%. The broader S&P 500 fell 1.25%, retreating after briefly flirting with a record high. The tech-heavy Nasdaq slumped 2%. In a sign of the risk-averse mood, bitcoin dropped almost 7% across the past day and fell just below $73,000, hitting its lowe…See the Story
Bitcoin Hits Lowest Level Since 2024 and Stocks Stumble as AI and Geopolitical Nerves Fray
70% Center coverage: 10 sources
