Beast Industries acquires Step Mobile, a teen-focused banking app.
Kris Marszalek buys the domain AI.com for $70M.
Texas Instruments agrees to acquire US chip company Silicon Labs for about $7.5B, paying $231 per share in cash; deal expected to close in H1 2027. Silicon Labs has a market cap of approximately $4.5B.
Sources report Texas Instruments is in advanced talks to buy Silicon Laboratories for about $7B, a premium to Silicon Labs' $4.4B market capitalization.
SpaceX acquires xAI, completing a merger that combines Musk's rocket/satellite company with his AI startup.
Leaked email claims xAI shares will be converted into 0.1433 shares of SpaceX stock as part of an xAI–SpaceX deal.