Elon Musk's SpaceX Merges With xAI to Develop Orbital Data Centers
SpaceX merged with Elon Musk’s AI startup xAI in a $1.25 trillion deal, aiming to develop orbital data centers called Starmind using satellites equipped with computing power. The project plans for prototype launches by early 2027 and commercial operations starting in 2028.
Tickers: $SPCX
Topics: AI data centers M&A SpaceX