SpaceX and xAI Merger Talks Advance as IPO Approaches

TLDR SpaceX and xAI are negotiating a merger before SpaceX’s public offering planned for 2026 Two Nevada entities were created on January 21 to support the potential deal structure SpaceX carries an $800 billion valuation while xAI is valued at $230 billion The combination would advance Musk’s goal of launching AI data centers into orbit [...]

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