SpaceX Investor Baillie Gifford Hails Pre-IPO Takeover of xAI

Elon Musk is drawing on his past playbook with SpaceX taking over xAI ahead of the orbital launch company’s initial public offering, positioning the combined business for a burst of...

By Edward Ludlow, Edward Dufner · Bloomberg Markets

Elon Musk is drawing on his past playbook with SpaceX taking over xAI ahead of the orbital launch company’s initial public offering, positioning the combined business for a burst of growth, according to a SpaceX investor.