Elon Musk’s SpaceX and xAI might merge into one company

SpaceX and xAI, which are some led by Elon Musk, are "in discussions to merge" up of SpaceX's IPO that's planned for aboriginal this year, Reuters reports. The merger would assistance with SpaceX's plans to motorboat information centers into space, according to the publication.

The circumstantial timing and worth of the imaginable merger are unclear. SpaceX is considering an IPO day successful mid-June, the Financial Times reported this week. xAI and SpaceX didn't instantly reply to a petition for remark from The Verge.

If SpaceX merges with xAI, it would enactment the rocket institution successful the aforesaid location arsenic Grok, which is nether significant scrutiny and adjacent an probe successful …

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