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Here's your morning TNB Tech Minute for Tuesday, February 3rd. I'm Julie Chang for the Wall Street

Journal.

Elon Musk announced SpaceX has acquired X-AI. SpaceX confirmed the deal yesterday, posting a memo Musk sent out. Financial terms of the agreement weren't disclosed. People familiar with the

matter said the combined company is valued at $1.25 trillion.

An email viewed by the journal said shares in XAI will be converted into 0.1433 shares of SpaceX stock.

Employees will have the option to cash out and sell their XAI shares back to the company.

Combining SpaceX and XAIA-I is the latest example

of Musk bringing different parts of his business empire together. Last year, he merged XAI with X.

Speaking of X, French authorities raided the social media platform's Paris office. Cybercrime

prosecutor said today they were searching

X's office as part of an investigation opened early last year. The probe initially focused on

alleged bias in X's content algorithm, but has since expanded to examine the platform's

grok chatbot producing sexualized deep fake images. Prosecutors said they are also

investigating other potential charges against X, including dissemination of child pornography and

Holocaust denial, which is illegal in France. The raid came as French officials said they

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