Three of Elon Musk’s corporations — SpaceX, xAI, and Tesla — are in play for a possible merger. Whereas the talks seem like within the early stage, in keeping with stories from Bloomberg and Reuters, it may ultimately result in a minimum of one firm folding into SpaceX.
Two eventualities are being hashed out. In a single, SpaceX and Tesla would merge, per Bloomberg, citing unnamed insiders. In one other, SpaceX and aXI (which already owns Musk’s social media platform X) would mix.
In keeping with reporting by Reuters, a merger between SpaceX and xAI may happen forward of a deliberate SpaceX IPO this 12 months. This might carry merchandise just like the Grok chatbot, X platform, Starlink satellites, and SpaceX rockets collectively underneath one company.
Firm representatives from SpaceX and xAI haven’t mentioned this chance in public. Nonetheless, latest filings present that two new company entities had been established in Nevada on January 21, that are referred to as K2 Merger Sub Inc. and K2 Merger Sub 2 LLC. This implies that Musk is retaining all choices open.
There are upsides to both state of affairs. Combining the SpaceX and xAI corporations may permit xAI to place its information facilities in house, one thing Musk has mentioned he desires. A SpaceX-Tesla tie-up may align the EV maker’s vitality storage enterprise with the information middle in house concept as effectively.
And each choices — in addition to a mixture of all three corporations — falls consistent with Musk’s feedback and up to date actions to consolidate, or on the very least share assets between them. Final 12 months, SpaceX agreed to speculate $2 billion in xAI, in keeping with The Wall Avenue Journal, and earlier this week, Tesla (additionally led by Musk) revealed it, too, invested $2 billion within the AI startup.
Final 12 months, xAI purchased X in a deal that Musk mentioned valued xAI at $80 billion and X at $33 billion. SpaceX, which has been round since 2002, reportedly launched a secondary sale that valued it at $800 billion, making it essentially the most priceless personal firm within the U.S.
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June 23, 2026
A latest Monetary Instances report indicated that Musk desires to take SpaceX public in June. Then once more, Musk’s grand plans not often occur on time.
This text was initially revealed at 10:30 am PT. It has since been up to date with new details about Tesla.