Elon Musk just created the world’s most valuable private company. And he didn’t do it through rapid growth or a new product launch — at least not directly, anyway. Combined together, the two companies ...

Elon Musk's rocket maker SpaceX has acquired artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC has confirmed. The transaction comes ahead of a potential ...

Getting your Trinity Audio player ready... Denver-based oil and gas companies SM Energy Co. and Civitas Resources completed a $12.1 billion merger after stockholders approved the transaction last week ...

Sprawling conglomerates fell out of fashion long ago in America. Elon Musk is giving them new life. On February 2nd the world’s richest man announced that SpaceX, which builds rockets and sells ...

Aerospace and technology company SpaceX (SPACE) confirmed previous reporting that it has agreed to acquire generative artificial intelligence company xAI (X.AI), bringing two of Elon Musk's most ...

Fifth Third Bancorp said Monday it has completed its merger with Comerica Inc., creating the nation’s ninth-largest bank. In the fall, Cincinnati-based Fifth Third had agreed to acquire ...

Houston is set to become the headquarters of a newly-created shale giant after Devon Energy and Coterra Energy announced Monday they will merge in an all-stock deal valued at approximately $58 billion ...

SpaceX is considering a potential merger with Tesla Inc., as well as an alternative combination with artificial intelligence firm xAI, according to people familiar with the matter, a sign billionaire ...

Devon and Coterra merger talks could create a $57B to $60B deal, the largest in shale oil industry history. Oil prices falling toward $60 per barrel are pressuring shale producers to consolidate for ...

Coterra Energy (CTRA) +2.5% and Devon Energy (DVN) +1.4% in Thursday's trading after Financial Times reported the two companies are nearing a deal to merge in what would be the largest oil and gas ...

Just when you thought the circular deals couldn’t get any more circular, OpenAI has invested in CEO Sam Altman’s brain computer interface (BCI) startup Merge Labs. Merge Labs, which defines itself as ...

The plan to merge New Jersey City University into Kean University took a big step forward Monday. Gov. Phil Murphy signed legislation transferring all of New Jersey City University’s academic programs ...