Elon Musk's SpaceX Merges with xAI Amid Financial Challenges

Elon Musk's company SpaceX has merged with his AI firm, xAI, which is losing a lot of money.

SpaceX has a profitable part called Starlink, but it's not enough to cover all the expenses.

Elon Musk is betting big on AI, even though some investors are worried because xAI is small compared to other AI companies and is losing money fast.

SpaceX is spending a lot on new projects, and it's not clear if they can keep up with the costs.