SpaceX is reportedly in talks with xAI regarding a merger.

Sources familiar with the matter revealed that SpaceX and xAI, both owned by Elon Musk, are discussing a merger ahead of their IPO this year. This merger would integrate Musk's rockets, Starlink satellites, the X social media platform, and the Grok AI chatbot. The plan would inject new momentum into SpaceX's efforts to put data centers into orbit. Musk is striving to gain a leading position in the rapidly escalating AI race against tech giants like Google, Meta, and OpenAI. Under the proposed merger, xAI stock would be converted into SpaceX stock. Sources said two offices have been established in Nevada to assist with the transaction.