Elon Musk’s SpaceX and xAI might merge into one company
Elon Musk’s SpaceX and xAI might merge into one company
Last updated: 2026-01-29 20:17:46 ET
Elon Musk’s SpaceX and xAI might merge into one company
This merger would bring the Grok chatbot, Starlink satellites, and SpaceX rockets together under one corporation.
The combination would bring Musk’s rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof, Reuters reported.
Ahead of an expected SpaceX IPO later this year, a much smaller satellite company is headed for the public markets.
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The launch date had been up in the air after the rocket's booster stage suffered an explosion during testing in November.
Elon Musk’s SpaceX has reportedly tapped four major banks to lead what is expected to be one of the largest initial public offerings of all time.