Elon Musk’s SpaceX and xAI might merge into one company
https://www.profitableratecpm.com/f4ffsdxe?key=39b1ebce72f3758345b2155c98e6709c
SpaceX and xAI, both led by Elon Musk, are “in discussions to merge” ahead of SpaceX’s planned IPO later this year. Reuters reports. The merger would contribute to SpaceX’s plans to launch data centers into space, according to the publication.
The precise timing and value of the potential merger is unclear. SpaceX is eyeing a mid-June IPO date, the Financial Times reported this week. xAI and SpaceX did not immediately respond to a request for comment from The edge.
