Elon Musk is considering a potential merger involving three of his companies - SpaceX, xAI, and Tesla - as talks emerge ahead of a possible SpaceX initial public offering later this year.
According to reports from Bloomberg and Reuters, discussions remain at an early stage, but could eventually result in one or more companies folding into SpaceX. Bloomberg reported that one scenario under consideration would merge SpaceX and Tesla, while another would combine SpaceX with xAI, the artificial intelligence firm that owns Musk's social media platform X.
Reuters reported that a SpaceX-xAI merger could take place ahead of SpaceX's planned IPO, potentially bringing together Grok, the X platform, Starlink satellites, and SpaceX's launch operations under a single corporate structure.