How far will Elon Musk take the ‘everything’ business as SpaceX and xAI merge?
Elon Musk has merged SpaceX and xAI, creating what could be the blueprint for a new power structure in Silicon Valley. With his $800 billion net worth already rivaling the peak market capitalization of historic conglomerate GE, and Musk touting his view that “the triumph of technology is determined by the speed of innovation,” the question is not whether a personal conglomerate can be built, but rather how far Musk himself will go.
Today on Equity we’re unfolding this new era of the “everything” business, or we’ll see others like it Sam Altman follow suit, and more of the week’s headlines.
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