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BERNARD CONDON and MATT O'BRIEN Business Writers.

FILE - A SpaceX logo is displayed on a building, May 26, 2020, at the Kennedy Space Center in Cape Canaveral, Fla. (AP Photo/David J. Phillip, File)

Musk vows to put data centers in space and run them on solar power but experts have their doubts

February 4, 2026

Elon Musk is bringing the same revolutionary thinking that helped him upend the car industry to the data center business with promises this week to put up to a million new satellites in the sky. But it won’t be easy. Experts say it’s not clear how Musk will keep these orbiting AI supercomputers from overheating, fix glitches on gear in the sky, and stop space debris from punching a hole in his ambitious plans. To help him reach his goals, Musk combined SpaceX with his AI business on Monday and is planning massive IPO later in the year.

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FILE - Elon Musk attends a memorial for conservative activist Charlie Kirk, Sunday, Sept. 21, 2025, at State Farm Stadium in Glendale, Ariz. (AP Photo/Julia Demaree Nikhinson, File)

Musk joins his rocket and AI businesses into a single company before an expected IPO this year

February 2, 2026

Elon Musk is joining his space exploration and artificial intelligence ventures into a single company before a massive planned initial public offering for the business later this year. His rocket venture, SpaceX, announced on Monday that it had bought xAI in an effort to help the world’s richest man dominate the rocket and artificial intelligence businesses. The deal will combine several of his offerings, including his AI chatbot Grok, his satellite communications company Starlink, and his social media company X.

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