Bloomberg Money Minute: Musk's Empire Merger, Amazon's OpenAI Deal, Verizon's Growth, and Chili's Turnaround

Elon Musk's Business Empire Consolidation

• 🚀 Sources suggest SpaceX is exploring a potential merger with Tesla.
• 💡 Additionally, Musk's artificial intelligence firm, xAI, is being considered for a separate combination.

Amazon's Potential Investment in OpenAI

• 💰 Amazon is reportedly in discussions to invest up to $50 billion in OpenAI, the parent company of GPT.
• 🤝 This deal would involve Amazon utilizing OpenAI's artificial intelligence models.

Verizon's Subscriber Growth

• 📈 Verizon reported its largest increase in mobile phone subscribers since 2019, adding 616,000 new customers in the fourth quarter.
• 🎯 This growth is attributed to aggressive promotional campaigns amid competition with AT&T and T-Mobile.

Chili's Customer Comeback

• 🍽️ Years of operational improvements are helping Chili's regain diners, according to parent company Brinker International.
• ✅ Enhancements in food quality and service are driving repeat visits, with menu upgrades like the return of skillet queso and thicker bacon attracting customers.