Exclusive: Musk's SpaceX in merger talks with xAI ahead of planned IPO, source says
SummaryCompaniesxAI shares would be exchanged for SpaceX shares under the dealDeal would support Musk's plan to put data centers in spaceReuters could not determine terms, timing of the dealNEW YORK, Jan 29 (Reuters) - Elon Musk's SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year. The combination would bring Musk’s rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof, according to a person briefe...
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