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SpaceX Investor Baillie Gifford Hails Pre-IPO Takeover of xAI

Elon Musk is drawing on his past playbook with SpaceX taking over xAI ahead of the orbital launch company’s initial public offering, positioning the combined business for a burst of growth, according to a SpaceX investor.

US billionaire businessman and pilot Jared Isaacman flies in formation aboard a fighter jet over the SpaceX sign, close to the Starship spacecraft, before his third test flight from Starbase in Boca Chica, Texas, on March 13, 2024. Photographer: Chandan Khanna/AFP/Getty Images
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