Musk Bets $1.25T Merger on Space Data Centers, Anthropic's Legal Plugin Wipes $285B, & OpenAI Retires GPT-4o

Musk pairs rockets with AI in history's largest merger, Anthropic crashes legal stocks by launching workflow tools, and OpenAI follows through with their August decision

Musk Merges SpaceX & xAI, Betting on Data Centers in Space

SpaceX officially acquired xAI on Monday in a deal that values the combined entity at $1.25 trillion. It is the largest merger in history.

Bank valuation documents reviewed by CNBC put SpaceX between $859 billion and $1.26 trillion, and xAI between $219 billion and $294 billion. For context, OpenA…