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Elon Musk Merges SpaceX and xAI into Unified Conglomerate Structure

Elon Musk has merged his aerospace company SpaceX with his AI venture xAI, creating a combined entity that represents a new model of Silicon Valley power consolidation. With Musk's net worth at $800 billion and his emphasis on "velocity of innovation," this merger establishes a precedent for personal conglomerates integrating AI capabilities with other major industries. The move raises questions about whether other tech leaders like Sam Altman will pursue similar consolidation strategies.