This week’s IPO of SpaceX isn’t just about growing the rocket and satellite company. It’s about Elon Musk consolidating his empire: He’s already merged X and xAI into the rocket and satellite company, and is expected to add Tesla once SpaceX has a stock to use as currency. (You can’t buy a $1.4 trillion company for cash.)

When I spoke this week to Jeff Bezos about Prometheus, his “physical AI” lab, it was clear he’s heading in this direction, too. He wouldn’t discuss its arguably more ambitious second act — which, from what I understand, sounds a lot like an AI-powered Berkshire Hathaway.

Two of the most ambitious people alive are building the same thing: a holding company glued together by AI.

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> This week’s IPO of SpaceX isn’t just about growing the rocket and satellite company. It’s about Elon Musk consolidating his empire: He’s already merged X and xAI into the rocket and satellite company, and is expected to add Tesla once SpaceX has a stock to use as currency. (You can’t buy a $1.4 trillion company for cash.)
> 
> When I spoke this week to Jeff Bezos about Prometheus, his “physical AI” lab, it was clear he’s heading in this direction, too. He wouldn’t discuss its arguably more ambitious second act — which, from what I understand, sounds a lot like an AI-powered Berkshire Hathaway.
> 
> Two of the most ambitious people alive are building the same thing: a holding company glued together by AI.
> 
> ...