tech
February 6, 2026
How far will Elon Musk take the ‘everything’ business as SpaceX and xAI merge?
Elon Musk is building something bigger than a single company. Equity breaks down the SpaceX and xAI merger, the rise of the personal conglomerate, Waymo’s $16B raise, AI chip wars, and more.
TL;DR
- Elon Musk has merged SpaceX and xAI, creating a potential new model for Silicon Valley power structures.
- Musk's view is that 'tech victory is decided by velocity of innovation'.
- The article explores the rise of the 'everything' business and whether others like Sam Altman might follow suit.
- Other tech headlines discussed include Waymo's $16 billion funding, the competition to break Nvidia's AI chip dominance, ElevenLabs' $11 billion valuation, and Positron's $230 million bet on power-efficient chips.
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