Daily Management Review

SpaceX nearing merger with xAI


02/03/2026


According to Bloomberg, citing unnamed sources, Elon Musk's American company SpaceX is currently engaged in advanced discussions about merging with his artificial intelligence startup, xAI.



Daniel Oberhaus
Daniel Oberhaus
According to sources, the companies have notified certain investors about these plans. 

The deal might be announced as early as this week, as reported by multiple sources. 

Bloomberg had previously reported that SpaceX was looking into the possibility of merging with Tesla. 

According to the Financial Times in late January, SpaceX might launch a record-breaking initial public offering (IPO) worth up to $50 billion in the first half of June, which could value the company at as much as $1.5 trillion. 

The Wall Street Journal reported in January that sources indicate Musk is highly focused on the concept of being the first to launch data centers into space and that he hopes a public listing for SpaceX will assist xAI in keeping pace with its competitors.

source: bloomberg.com