SpaceX and xAI could be merging. Why Elon Musk is doing it—and what might happen next
The two companies owned by the tech multibillionaire are reportedly merging ahead of an IPO. But what does it all mean?
Two of Elon Musk’s best-known companies look likely to be headed for a megamerger ahead of a mooted IPO. SpaceX, the South African entrepreneur’s space exploration firm, and xAI, the AI company he established in 2023 to challenge OpenAI, are reportedly in discussions ahead of a merger and initial public offerings.
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