Musk's SpaceX Merges with xAI, Gold Bounces Back | The Opening Trade 2/3/2026
February 3, 2026
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1:35:37Now PlayingMusk's SpaceX Merges with xAI, Gold Bounces Back | The Opening Trade 2/3/2026
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as posted by the channelElon Musk is combining SpaceX and xAI in a deal that values the enlarged entity at $1.25 trillion, as the world’s richest man looks to fuel his increasingly costly ambitions in artificial intelligence and space exploration. Elsewhere in technology, Palantir Technologies shares rose in afterhours trading on Tuesday after the data-analysis software company gave a revenue forecast that is much stronger than analysts expected.
Precious metals gold and silver rebounded, after a historic collapse from all-time highs lured dip-buyers back to precious metals.
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