SpaceX bought xAI using a structure that avoided repaying billions in existing debt.

Elon Musk has merged SpaceX with xAI in a way that helps shareholders skip paying taxes right now and lets the company dodge billions in debt. As Cryptopolitan reported earlier, the deal has made SpaceX worth $1.25 trillion pre-IPO, and also keeps xAI running as its own company under SpaceX, not fully combined, thereby stopping […]