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xAI rebrands to SpaceXAI after being acquired by SpaceX. The move aims to integrate AI with SpaceX's space infrastructure plans, with Grok chatbot and Cursor AI coding tool as key products.
SpaceX has filed for an IPO, potentially the largest ever, with a $1.75 trillion valuation, driven by Starlink revenue and its merger with xAI. The filing reveals significant financials, risk factors, and Musk's 85% voting control.