Entertainment
Elon Musk fuses SpaceX and xAI in $1tn mega deal
Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence start-up xAI in a record-setting deal that unifies Musk’s AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok chatbot.
The deal, first reported by Reuters last week, represents one of the most ambitious tie-ups in the technology sector yet, combining a space-and-defence contractor with a fast-growing AI developer whose costs are largely driven by chips, data centres and energy. It could also bolster SpaceX’s data-centre ambitions as Musk competes with rivals like Alphabet’s Google, Meta, Amazon-backed Anthropic and OpenAI in the AI sector.
The transaction values SpaceX at $1 trillion, and xAI at $250 billion, according to a person familiar with the matter.
“This marks not just the next chapter, but the next book in SpaceX and xAI’s mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!” Musk said.
The purchase of xAI sets a new record for the world’s largest M&A deal, a distinction held for more than 25 years when Vodafone bought Germany’s Mannesmann in a hostile takeover valued at $203 billion in 2000, according to data compiled by LSEG.
The combined company of SpaceX and xAI is expected to price shares at about $527 each, another person familiar with the matter said. SpaceX was already the world’s most valuable privately held company, last valued at $800 billion in a recent insider share sale. xAI was last valued at $230 billion in November, according to the Wall Street Journal.
The merger comes as the space company plans a blockbuster public offering this year that could value it at over $1.5 trillion, two people familiar with the matter said.
SpaceX, xAI and Musk did not immediately respond to requests for comment.
The deal further consolidates Musk’s far-flung business empire and fortunes into a tighter, mutually reinforcing ecosystem – what some investors and analysts informally call the “Muskonomy” – which already includes Tesla, brain-chip maker Neuralink and tunnel firm the Boring Company.
The world’s richest man has a history of merging his ventures. Musk folded social media platform X into xAI through a share swap last year, giving the AI start-up access to the platform’s data and distribution. In 2016, he used Tesla’s stock to buy his solar-energy company SolarCity.
The agreement could draw scrutiny from regulators and investors over governance, valuation and conflicts of interest given Musk’s overlapping leadership roles across multiple firms, as well as the potential movement of engineers, proprietary technology and contracts between entities.
SpaceX also holds billions of dollars in federal contracts with NASA, the Department of Defense and intelligence agencies, which all have some authority to review M&A transactions for national security and other risks.
Entertainment
Lee Sang-bo dies at 45: Funeral details revealed
Actor Lee Sang-bo, known for his roles in Bad Love, Miss Monte Cristo, and Graceful Empire, has died at the age of 44.
OSEN confirmed that Lee’s funeral has been arranged at Room 3 of the Central Funeral Hall in Pyeongtaek, Gyeonggi Province.
The funeral procession will depart on March 29 at 10:30 a.m., with burial to follow at the Pyeongtaek City Memorial Hall.
Who was Lee Sang-bo?
Born in 1981, the South Korean actor debuted in 2006 with KBS2’s Invisible Man Choi Jang-su and went on to appear in numerous dramas.
His career faced turbulence in 2022 when he was investigated for alleged drug use.
The case was later dismissed after forensic analysis confirmed he had been prescribed medication for depression.
Lee returned to acting with Graceful Empire in 2023, determined to rebuild his reputation.
In addition to acting, Lee recently opened a meat restaurant in Pyeongtaek, where he personally greeted and served customers.
Friends and patrons described him as warm and ‘friendly neighbour’.
Following his death, the restaurant has temporarily closed, with his cousin (co-manager of the restaurant) expressing grief over the loss, “My heart is heavy.”
Entertainment
Savannah Guthrie is returning to “Today” show on April 6, NBC says
“Today” show co-host Savannah Guthrie will return to the program on April 6, host Hoda Kotb announced on the program’s Friday broadcast.
The investigation into the disappearance of Guthrie’s mother, Nancy Guthrie, is still continuing. In an interview on “Today,” Savannah Guthrie made a tearful plea for someone “to do the right thing” and share information to help solve the case.
It has been nearly two months since authorities believe Nancy Guthrie, 84, was taken from her Tucson, Arizona, home after she was last seen on the night of Jan. 31.
In a portion of the interview with Kotb that aired Friday, Savannah Guthrie said she wants to return to the show “because it’s my family.”
“I think it’s part of my purpose right now. I want to smile. And when I do, it will be real. And my joy will be my protest. My joy will be my answer. And being there is joyful,” Guthrie said.
She added, “I consider this my family, my greater family, and when times are hard, you want to be with your family and I want to be with my family. And so, I don’t know if I can do it. I don’t know if I’ll belong anymore, but I would like to try.”
Nancy Guthrie’s disappearance
Nancy Guthrie was reported missing on Sunday, Feb. 1, the morning after she had dinner at her daughter Annie’s house and was dropped off back at her own home for the night. Pima County Sheriff Chris Nanos told CBS News he believes she was abducted in the middle of the night, and he has also said family members and their spouses have all been ruled out as possible suspects.
Evidence later showed that a doorbell camera at Nancy Guthrie’s home disconnected at 1:47 a.m. Images and video retrieved from the camera system’s data and released by the FBI showed a man in a face mask, gloves and backpack at her door overnight.
No suspects have been named in the case. The Guthrie family is offering a $1 million reward for information leading to Nancy Guthrie’s recovery. The FBI is also offering a separate reward of $100,000.
Savannah Guthrie’s appeals
Savannah Guthrie has made several appeals for people with information about her mother to come forward, including a tearful plea in a two-part interview this week on “Today.”
“We are in agony. We are in agony,” an emotional Guthrie told Kotb in a clip released Wednesday. “It is unbearable, and to think of what she went through, I wake up every night in the middle of the night, every night, and in the darkness, I imagine her terror, and it is unthinkable, but those thoughts demand to be thought.”
She and her siblings have also released video pleas on social media.
As authorities continued to search for her mother, Guthrie stepped back from her duties at NBC, including dropping out of hosting the network’s 2026 Winter Olympics broadcast last month.
“Someone needs to do the right thing,” Savannah Guthrie said in Wednesday’s clip. She also said, “I will not hide my face, but she needs to come home now.”
Entertainment
Prince William bold decision keeps Harry up at night: ‘No mercy’
Prince Harry has been losing sleep over Prince Archie and Princess Lilibet’s future risks, particularly following his estranged brother Prince William’s recent powerful move.
The Prince of Wales’ bold decision regarding Andrew caused serious tension for the Duke of Sussex about his and little Sussex’s royal future.
Royal commentator Tom Bower, in his book Betrayal: Power, Deceit And The Fight For The Future Of The Royal Family, made several claims, and one is about Harry’s growing fears for Archie and Lilibet’s titles in William’s reign.
After witnessing the royal family, especially William’s stern actions against Andrew after he portrayed the monarchy in a negative light, Harry anticipates the future King’s wrath.
Tom penned, “The tremors of the unprecedented sanctions against Andrew must have shocked Harry. In public, he remained silent. In private, he realised that his own royal status was no longer invincible.”
The royal expert warned, “Clearly, William was taking no prisoners. Once he was crowned as king, his brother might well show no mercy to him and Meghan.”
Harry knows that the Prince and Princess of Wales still have grievances regarding the Sussexes’ bombshell move to air their family’s drama to the public.
Talking about Meghan, Tom said, “William would undoubtedly rail against her disloyalty. He might even strip Archie and Lilibet of their titles.”
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