Musk’s trillion-dollar space-AI gamble just went orbital

Elon Musk has fused SpaceX and xAI into a private behemoth worth over $1.25 trillion, with markets already cheering the move.

The merger pushes AI processing into orbit, promising cheaper power, faster data, and a tighter “Muskonomy” ahead of a potential $1.5 trillion IPO.

But behind the rally lie big questions around governance, defence ties, and whether one man is gaining too much control over space, data, and AI.