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Elon Musk Merges SpaceX and xAI Creating Massive AI-Space Conglomerate

Elon Musk has merged SpaceX and xAI, forming a powerful conglomerate that combines space technology with artificial intelligence development. With Musk's $800 billion net worth and emphasis on "velocity of innovation," this merger represents a new model of founder-controlled tech consolidation. The move raises questions about whether other tech leaders like Sam Altman will pursue similar consolidation strategies.