“The most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet.”

Musk is rolling up his private empire into one $1.2 trillion pre-IPO entity. SpaceX absorbed xAI and they’re already asking the FCC for permission to launch a million satellites for orbital data centers. Tesla gets a chunk of the merged company because it dumped $2 billion into xAI earlier. The June IPO will be massive if it happens. This is vertical integration on steroids, and the regulatory questions are going to be brutal.