Elon Musk to Merge SpaceX, xAI in $1.25 Trillion Deal
SpaceX's Starship rocket 38 launches during the 11th test flight.
Photographer: Gabriel V. Cardenas/AFP
Good morning. Elon Musk is merging SpaceX and xAI in an all-stock deal. France passes a 2026 budget. Donald Trump seeks $1 billion from Harvard. And Nigel Farage’s popularity faces its first big test in Scotland. Listen to the day’s top stories.