SpaceX explores potential acquisition of xAI and possible merger with Tesla as Musk ventures align
Reporting indicates SpaceX is close to acquiring xAI and has weighed a merger with Tesla. These discussions come as SpaceX prepares for a possible 2026 IPO.
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SpaceX is reported to be close to a deal to purchase the artificial intelligence startup xAI according to reporting from Reuters. These reports and additional information from Bloomberg indicate that SpaceX, led by Elon Musk elon musk, has also considered a merger with Tesla, Inc. and has alternatively weighed a combination with xAI. The potential realignment of these companies comes as SpaceX is expected to go public later this year with a valuation likely exceeding $1 trillion.
