Elon Musk-led SpaceX may merge with another company helmed by Elon Musk. Reuters initially reported Thursday that SpaceX and xAI are “in discussions to merge” ahead of SpaceX’s IPO that’s planned for later this year. The merger would help with SpaceX’s plans to launch data centers into space, according to the publication. Later on Thursday, Bloomberg reported that SpaceX is “considering” a potential merger with Tesla or an “alternative combination” with xAI.
The specific timing and value of any potential merger are unclear. SpaceX is considering an IPO date in mid-June, the Financial Times reported this week. SpaceX, Tesla, and xAI didn’t i …
Read the full story at The Verge.
Original Source: https://www.theverge.com/tech/870380/elon-musk-space-x-xai-merger
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