Story coverage

Musk announces record merger

Elon Musk is combining SpaceX and xAI in a merger that reportedly values the enlarged company at $1.25 trillion

Musk reaches unprecedented wealth milestone

Elon Musk’s net worth has hit $852 billion following the SpaceX-xAI merger, putting him on course to become the world’s first trillionaire

Elon Musk becomes first person ever worth over $800 billion

The surge in Musk’s fortune followed SpaceX’s acquisition of xAI, another company founded by the billionaire