Elon Musk-led SpaceX could merge with one other firm helmed by Elon Musk. Reuters initially reported Thursday that SpaceX and xAI are “in discussions to merge” forward of SpaceX’s IPO that’s deliberate for later this yr. The merger would assist with SpaceX’s plans to launch knowledge facilities into house, in accordance with the publication. Afterward Thursday, Bloomberg reported that SpaceX is “contemplating” a possible merger with Tesla or an “different mixture” with xAI.
The precise timing and worth of any potential merger are unclear. SpaceX is contemplating an IPO date in mid-June, the Monetary Instances reported this week. SpaceX, Tesla, and xAI didn’t instantly reply to a request for remark from The Verge.
And may SpaceX merge with both Tesla or xAI, it could be simply the most recent transaction between corporations with Elon Musk as its CEO. Tesla mentioned this week that it could be investing “approximately” $2 billion in xAI. Tesla additionally bought $430 million in backup batteries to xAI in 2025, CNBC reports. Final yr, xAI bought X.
Replace, January twenty ninth: Added particulars from Bloomberg’s report.
