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Tesla and SpaceX chief executive, Elon Musk, saw his fortune reduced by more than $51bn on Tuesday after shares in the rocket company fell sharply, Forbes
Elon Musk's artificial intelligence company xAI has finally merged with his aerospace company, SpaceX, debuting with a brand new logo and name (no points for guessing what it's called). The aptly smooshed-together SpaceXAI marks a homogenised new brand catalogue for the billionaire,
Elon Musk said that SpaceX had deployed "a few dozen" top Starlink and Starship engineers and Cursor staff to work on the AI model.
The change, alongside a new logo for the company, has been announced on SpaceXAI's official X account, which has also been changed to @SpaceXAI. SpaceX acquired xAI in February 2026, shortly before SpaceX's monster IPO in June,
Explore the biggest milestones in SpaceX history, from Falcon 1 and reusable rockets to Starlink, Starship, NASA missions, and the company's landmark 2026 IPO.
