SpaceX acquires AI coding firm in £45 billion deal after IPO surge

SpaceX entered into a £45 billion transaction to buy an AI coding firm. The purchase came after the target company’s valuation rose sharply post‑IPO. The deal underscores SpaceX’s interest in advanced software capabilities. Acquiring the AI firm could enhance SpaceX’s internal development tools. The transaction reflects broader investment trends in AI technologies. Financial terms were highlighted by the reporting outlet inkl. The acquisition is expected to close later this fiscal year. Industry watchers will assess the impact on SpaceX’s engineering operations.