How far will Elon Musk take the ‘everything’ business as SpaceX and xAI merge?

Equity

TechCrunch

News, Business, Entrepreneurship, Business News, Technology

4.2 • 372 Ratings

🗓️ 6 February 2026

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Elon Musk has merged SpaceX and xAI, creating what might be the blueprint for a new Silicon Valley power structure. With his $800 billion net worth already rivaling historic conglomerate GE's peak market cap, and Musk being vocal about his view that "tech victory is decided by velocity of innovation," the question isn't whether a personal conglomerate can be built, but rather how far Musk himself is going to take it. Today on Equity, we're unpacking this new era of the "everything" business, whether we'll see others like Sam Altman follow suit, and more of the week's headlines. Listen to the full episode to hear about: Waymo's new $16B funding and why Alphabet staying as majority owner matters for an eventual IPO Why everyone from Intel to Tesla is trying to break Nvidia's AI chip dominance ElevenLabs’ $11B valuation, and why some investors are doubling — and quadrupling — down as it moves beyond voice AI Positron's $230M bet on power-efficient chips as the next frontier Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Could AI help you do more of what you love?
0:03.1	Workday is the next-gen ERP powered by AI that actually knows your business.
0:08.4	We help you handle the have-to-dos so you can focus on the can't-wait-to-dos.
0:13.2	It's a new workday.
0:15.3	Hello and welcome back to Equity TechCrunch's flagship podcast about the business of startups.
0:21.1	Today is Friday, February 6th.
0:24.3	I'm Kirsten Koresak, Transportation Editor at TechCrunch, and I'm joined, as always,
0:29.1	by weekend editor Anthony Haugh and senior reporter Sean O'Kane.
0:33.3	So I wanted to start us off by talking about something that I think there have been a lot of
0:38.3	tweets or whatever the new term is about. And it is what I knew is as MaltBot. We've written about
0:45.1	as MaltBot. It's sort of like a new, new-ish AI agent that basically can do a lot of stuff
0:51.9	for you. Apparently can can book flights for you.
0:54.2	It can organize your desktop.
0:56.2	Actually, though, where I wanted to start was just the fact that it's actually not called
0:59.3	Maltbot anymore.
1:00.3	It started with the name Claudebot and then apparently got some stern letters from Anthropic
1:05.7	about not calling it that.
1:06.8	It was even though it spelled Claws with like C-L-A-W.
1:10.4	Then it became MaltBot, and now it
1:12.5	is OpenClaw, because apparently that name just rolls off the tongue better.
1:16.8	Sean, do you agree that OpenClaw is the best of those names?
1:20.1	I think broadly speaking, we have a name problem in the AI space. Let's be real. Although,
	...

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