Elon Musk has combined SpaceX and xAI to create what could be the blueprint for Silicon Valley's new power structure. With his $800 billion net worth already matching the historic peak market capitalization of conglomerate GE, and Musk being a vocal proponent of the view that “the triumph of technology is determined by the speed of innovation,” the question is not whether he can build a personal conglomerate, but rather how far he will go to do it.
Today on Equity, we unpack this new era in the “everything” business, see if others like Sam Altman will follow suit, and give you a breakdown of this week's headlines.
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