SpaceX has acquired artificial intelligence startup xAI in a transaction that media reports said values the combined entity at around $1.2 trillion, creating one of the most ambitious technology platforms ever assembled. Financial details were not formally disclosed by the companies.
New partnership announcements and technology showcases were the highlights of CABSAT and SATExpo 2026, which concluded at the Dubai Exhibition Centre, Expo City Dubai, following three days of business.
Airbus, Leonardo and Thales have signed a memorandum of understanding (MoU) aimed at combining their respective space activities into a new company.
