Mergers, Acquisitions and Divestitures

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Elon Musk Wants to Build an A.I. Satellite Factory on the Moon

In a meeting with employees at his company xAI, Mr. Musk revealed a vision for a facility that includes a giant catapult to launch his satellites into space.

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Elon Musk Is Betting Another Tech Conglomerate (His) Can Win Over Wall St.

The billionaire’s decision to merge his A.I. start-up with his rocket company will test investors’ interest in giant combinations of unalike businesses.

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Meta Forecasts Spending of at Least $115 Billion This Year

That would be a major jump from the $72 billion that the Silicon Valley tech giant shelled out last year, as it aims to compete in the artificial intelligence race.

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