Elon Musk's SpaceX, Tesla, and xAI in talks to merge, according to reports
8 days ago
- #SpaceX
- #Elon Musk
- #Mergers
- Elon Musk's companies SpaceX, xAI, and Tesla are in early talks for potential mergers.
- Two scenarios are being considered: SpaceX merging with Tesla or SpaceX merging with xAI.
- A SpaceX-xAI merger could happen before SpaceX's planned IPO this year, combining products like Grok, X platform, Starlink, and SpaceX rockets.
- New corporate entities named K2 Merger Sub Inc. and K2 Merger Sub 2 LLC were established in Nevada, indicating Musk is exploring options.
- Combining SpaceX and xAI could allow xAI to place data centers in space, aligning with Musk's vision.
- A SpaceX-Tesla merger could integrate Tesla's energy storage business with space-based data centers.
- SpaceX invested $2 billion in xAI last year, and Tesla also invested $2 billion in the AI startup.
- xAI bought X in a deal valuing xAI at $80 billion and X at $33 billion; SpaceX is valued at $800 billion.
- Musk plans to take SpaceX public in June, though his timelines are often delayed.
- TechCrunch Founder Summit 2026 is scheduled for June 23 in Boston, offering networking and learning opportunities for founders.