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  "description": "Musk's rocket venture announced on Monday that it had bought xAI in an effort to help the world’s richest man dominate rockets and AI.",
  "path": "/elon-musk-joins-spacex-and-xai-businesses-into-a-single-company-pre-ipo/",
  "publishedAt": "2026-02-02T23:16:42.000Z",
  "site": "https://broadbandbreakfast.com",
  "tags": [
    "SpaceX Seeks FCC Approval For One Million Satellites in SpaceThe European Space Agency says that 16,910 satellites currently orbit Earth, making this a 5,813% increase over current satellites.Broadband BreakfastEric Urbach",
    "Learn more about Broadband Breakfast Live Online",
    "Signup on CHAT for BroadbandLive"
  ],
  "textContent": "NEW YORK, Feb. 2, 2026 (AP) — **Elon Musk** is joining his space exploration and artificial intelligence ventures into a single company before a massive planned initial public offering for the business later this year.\n\nSpaceX Seeks FCC Approval For One Million Satellites in SpaceThe European Space Agency says that 16,910 satellites currently orbit Earth, making this a 5,813% increase over current satellites.Broadband BreakfastEric Urbach\n\nHis rocket venture, SpaceX, announced on Monday that it had bought xAI in an effort to help the world’s richest man dominate the rocket and artificial intelligence businesses. The deal will combine several of his offerings, including his AI chatbot Grok, his satellite communications company Starlink, and his social media company X.\n\nMusk has talked repeatedly about the need to speed development of technology that will allow data centers to operate in space to solve the problem of overcoming the huge costs in electricity and other resources in building and running AI systems on Earth.\n\nLearn more about Broadband Breakfast Live Online\n\n\n                            Signup on CHAT for BroadbandLive\n                        \n\nIt's a goal that Musk said in his announcement of the deal could become much easier to reach with a combined company.\n\n“In the long term, space-based AI is obviously the only way to scale,\" Musk wrote on SpaceX's website Monday, then added in reference to solar power, “It’s always sunny in space!”\n\nMusk said in SpaceX’s announcement he estimates “that within 2 to 3 years, the lowest cost way to generate AI compute will be in space.”\n\nIt’s not a prediction shared by other many companies building data centers, including Microsoft.\n\n“I’ll be surprised if people move from land to low-Earth-orbit,” Microsoft’s president, **Brad Smith** , told The Associated Press last month, when asked about the alternatives to building data centers in the U.S. amid rising community opposition.\n\nSpaceX won’t be the first to explore the idea of putting AI data centers in space. Google last year revealed a new research project called Project Suncatcher that would equip solar-powered satellites with AI computer chips.\n\nMississippi officials last month announced that xAI is set to spend $20 billion to build a data center near the state’s border with Tennessee.\n\nThe data center, called MACROHARDRR, a likely pun on Microsoft’s name, will be its third data center in the greater Memphis area.",
  "title": "Elon Musk Joins SpaceX and xAI Businesses Into a Single Company, Pre-IPO",
  "updatedAt": "2026-05-21T22:14:34.717Z"
}