Elon Musk's SpaceX and xAI are reportedly holding merger talks

It follows reports that SpaceX is planning an IPO as early as this year. Two Elon Musk companies are reportedly planning to merge. On Thursday, reported that SpaceX and xAI are holding merger talks ahead of a planned IPO. Part of their plan is to launch AI data centers into space (but unfortunately, only as far as Earth's orbit). Last week, it was reported that Musk planned to take SpaceX public despite having once said it wouldn't happen until the company had a presence on Mars.