Musk's SpaceX in merger talks with xAI ahead of planned IPO, source says

Musk's SpaceX in merger talks with xAI ahead of planned IPO, source says SpaceX combining with xAI would bring Elon Musk's rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof. NEW YORK - 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 briefed on the matter and two recent company filings. The plan, which Reuters is reporting exclusively, would give fresh momentum to SpaceX's effort to launch data centers into orbit as Musk battles for supremacy in the rapidly escalating artificial intelligence race against tech giants like Google, Meta and OpenAI. Musk, the world's richest man, is the CEO of both the private space company SpaceX and the artificial intelligence company xAI, which controls his social media platform X.