[key points]

Key points

• •The merger between SpaceX and xAI reveals Elon Musk's vision of an integrated AI, structuring a major industrial project.
• •SpaceX acquires xAI, valuing the whole at $1.250 trillion, aiming to integrate AI into a space and telecommunications infrastructure.
• •This vertical integration, from physical infrastructure to the software layer, seeks to internalize critical dependencies and reduce economic and geopolitical vulnerability.
• •The project envisions AI computing in space for better energy efficiency and cooling, despite operational and regulatory challenges.
• •The merger between SpaceX and xAI redefines geopolitical balances, transforming space into a field of tensions and negotiations for the future.