SpaceX in merger talks with other Musk companies ahead of IPO
The Hindu
SpaceX explores merger talks with Tesla and xAI ahead of its IPO, potentially reshaping Musk's business landscape.
SpaceX is exploring deals with other companies helmed by serial entrepreneur Elon Musk, leaving investors working through permutations between space, autonomous driving and artificial intelligence to analyse which combination makes the most sense.
The rocket maker is in discussions to merge with xAI ahead of a blockbuster public offering planned for this year, Reuters reported on Thursday (January 29, 2026). The combination would bring Mr. Musk’s rockets, Starlink satellites, X social media platform and Grok chatbot under one roof, according to a person briefed on the matter and two regulatory filings.
Reuters could not determine the deal's value, timing or primary rationale.
SpaceX is also considering a merger with Mr. Musk's electric vehicle maker Tesla, Bloomberg reported.
"I think it's highly likely that (xAI) ends up with one of the two parties," said Tesla shareholder Gene Munster, who is managing partner at xAI investor Deepwater Asset Management.
Mr. Musk, the world's richest man, is CEO of SpaceX and artificial intelligence company xAI, which controls X. He also runs Tesla, tunnel company The Boring Co and neurotechnology firm Neuralink.
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