XAI and SpaceX branding will stay separate and collaboration will be limited, the company told staff.

The deal brings together two of the largest closely held companies in the world. XAI raised funds at a $230 billion valuation in January, while SpaceX was set to go ahead with a share sale in December at a valuation of about $800 billion, Bloomberg reported.

A federal judge signaled she may dismiss a ‍lawsuit by Elon Musk's ‍startup xAI ‍accusing Sam Altman's rival OpenAI of stealing trade secrets.