ABOARD THE PAPAL PLANE: Pope Francis on Saturday labeled the weapons industry as being a key driver of the “martyrdom” of Ukraine’s people in Russia’s war, saying even the withholding of weapons now is going to continue their misery.
Francis appeared to refer to Poland’s recent announcement that it is no longer sending arms to Ukraine when he was asked about the war during brief remarks to reporters while returning home from Marseille, France.
Francis acknowledged he was frustrated that the Vatican’s diplomatic initiatives hadn’t borne much fruit. But he said behind the Russia-Ukraine conflict was also the weapons industry.
He described the paradox that was keeping Ukraine a “martyred people” — that at first many countries gave Ukraine weapons and now are taking them away. Francis has long denounced the weapons industry as “merchants of death,” but he has also asserted the right of countries to defend themselves.
“I’ve seen now that some countries are pulling back, and aren’t giving weapons,” he said.
“This will start a process where the martyrdom is the Ukrainian people, certainly. And this is bad.” It was an apparent reference to the announcement by Prime Minister Mateusz Morawieck that Poland was no longer sending arms to Ukraine as part of a trade dispute.
“We cannot play with the martyrdom of the Ukrainian people,” Francis said. “We have to help resolve things in ways that are possible.”
“Not to make illusions that tomorrow the two leaders will go out together to eat, but to do whatever is possible,” he said.
In other comments, Francis spoke about his two-day visit to Marseille, where he exhorted Europe to be more welcoming to migrants.
Francis said he was heartened that there is greater consciousness about the plight of migrants 10 years after he made his first trip as pope to the Italian island of Lampedusa, ground zero in Europe’s migrant debate. But he said the “reign of terror” they endure at the hands of smugglers hasn’t gotten any better.
Francis recalled that when he became pope, “I didn’t even know where Lampedusa was.” The Sicilian island, which is closer to Africa than the Italian mainland, is the destination of choice for migrant smugglers and has seen frequent shipwrecks off its shores. Last week, the island was overwhelmed when nearly 7,000 migrants arrived in one day, more than the resident population.
Francis, who was elected pope in 2013, said he had heard some stories about the problems on Lampedusa in his first months as pope “and in prayer I heard ‘You need to go there.’”
The visit has come to epitomize the importance of the migrant issue for Francis, who has gone on to make some memorable gestures of solidarity, including in 2016 when he brought back a dozen Syrian Muslim migrants on his plane after visiting a refugee camp in Lesbos, Greece.
Pope blames weapons industry for Russia-Ukraine war and ‘martyrdom’ of Ukrainian people
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Pope blames weapons industry for Russia-Ukraine war and ‘martyrdom’ of Ukrainian people
- Francis has long denounced the weapons industry as “merchants of death,” but he has also asserted the right of countries to defend themselves
SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions
- The deal is the biggest M&A transaction of all time
- Deal values xAI at $250 billion, SpaceX at $1 trillion
Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies Musk’s AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok chatbot. The deal, first reported by Reuters last week, represents one of the most ambitious tie-ups in the technology sector yet, combining a space-and-defense contractor with a fast-growing AI developer whose costs are largely driven by chips, data centers and energy. It could also bolster SpaceX’s data-center ambitions as Musk competes with rivals like Alphabet’s Google, Meta, Amazon-backed Anthropic and OpenAI in the AI sector.
The transaction values SpaceX at $1 trillion, and xAI at $250 billion, according to a person familiar with the matter.
“This marks not just the next chapter, but the next book in SpaceX and xAI’s mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!” Musk said. The purchase of xAI sets a new record for the world’s largest M&A deal, a distinction held for more than 25 years when Vodafone bought Germany’s Mannesmann in a hostile takeover valued at $203 billion in 2000, according to data compiled by LSEG. The combined company of SpaceX and xAI is expected to price shares at about $527 each, another person familiar with the matter said. SpaceX was already the world’s most valuable privately held company, last valued at $800 billion in a recent insider share sale. XAI was last valued at $230 billion in November, according to the Wall Street Journal. The merger comes as the space company plans a blockbuster public offering this year that could value it at over $1.5 trillion, two people familiar with the matter said.
SpaceX, xAI and Musk did not immediately respond to requests for comment.
The deal further consolidates Musk’s far-flung business empire and fortunes into a tighter, mutually reinforcing ecosystem – what some investors and analysts informally call the “Muskonomy” – which already includes Tesla, brain-chip maker Neuralink and tunnel firm the Boring Company. The world’s richest man has a history of merging his ventures together. Musk folded social media platform X into xAI through a share swap last year, giving the AI startup access to the platform’s data and distribution. In 2016, he used Tesla’s stock to buy his solar-energy company SolarCity.
The agreement could draw scrutiny from regulators and investors over governance, valuation and conflicts of interest given Musk’s overlapping leadership roles across multiple firms, as well as the potential movement of engineers, proprietary technology and contracts between entities.
SpaceX also holds billions of dollars in federal contracts with NASA, the Department of Defense and intelligence agencies, which all have some authority to review M&A transactions for national security and other risks.
