Elon Musk's mega-deal of SpaceX and xAI is the latest sign that the billionaire is consolidating his business empire as he goes all in on AI.

Elon Musk's space firm SpaceX said on Monday it has acquired his startup xAI. A merger would represent one of the most high-profit corporate pairings in Silicon Valley, blending a space-and-defense contractor with a rapidly evolving AI developer whose costs are dominated by chips,

SpaceX has acquired xAI to form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device com

CNBC's Morgan Brennan and CNBC's MacKenzie Sigalos join 'Closing Bell Overtime' with breaking news on SpaceX and a potential IPO.

Elon Musk is in advanced talks to combine SpaceX with xAI, according to people familiar with the matter, underscoring how the billionaire’s vision for an artificial intelligence-powered

Elon Musk's company SpaceX applied for permission to launch up to one million satellites into Earth's orbit in a bid to power artificial intelligence

SpaceX is asking the Federal Communications Commission to approve a plan to put up to a million satellites in orbit to process AI data.

SpaceX's filing claims these satellites will be “a first step towards becoming a Kardashev II-level civilization — one that can harness the Sun’s full power."