Stephanie Hughes

Ari Redbord is Global Head of Policy at TRM Labs.

Daniel Shin produced this episode.

I'm Stephanie Hughes, and that's Marketplace Tech.

This is APM.

SpaceX plus XAI equals what exactly?

From American Public Media, this is Marketplace Tech.

I'm Stephanie Hughes.

It's Friday, time for Marketplace Tech Bytes Week in Review.

Today, a look at NVIDIA's changing investment relationship with OpenAI, plus a stormy start for the new U.S.

version of TikTok.

But first, SpaceX, one of the world's largest rocket companies, announced this week it's buying XAI, a two-and-a-half-year-old artificial intelligence startup.

Both companies are controlled by Elon Musk.

The new company is reportedly valued at $1.25 trillion.

It means the chatbot Grok, the satellite internet company Starlink, and the social media firm X are all going to coexist under the same rocket hangar.

I asked Paresh Dave, senior writer at Wired, what adding these companies together equals.

In his post about the deal, Musk talks up the need to develop space-based data centers to power AI.

Does this merger get us any closer to that?

Yeah.

So let's talk about that IPO.

SpaceX is expected to go public this year.