Musk's SpaceX swallows xAI
Digest more
8. Elon Musk Brand as a Valuation Driver: The anticipated IPO valuation reflects investor confidence in Elon Musk’s ability to repeatedly disrupt and scale capital-intensive industries. SpaceX’s demonstrated achievements, more notably reusable rockets and Starlink’s rapid scale-up, underpin this belief, even as execution risks remain significant.
Once again, Elon Musk has taken the technological discourse to the next level, now integrating SpaceX and xAI as one corporate. It was a soft release .