SpaceX and xAI in Advanced Merger Talks, IPO Anticipated Soon

SpaceX is reportedly in advanced discussions to merge with xAI, according to Bloomberg. The Kobeissi Letter posted on X, highlighting that this merger could lead to the largest initial public offering (IPO) in history. Details surrounding the merger and the potential IPO remain limited, but the anticipation is building within the industry. The merger is expected to significantly impact the market, given SpaceX's prominence in aerospace and xAI's advancements in artificial intelligence. Stakeholders are closely monitoring the developments as the companies move forward with their plans.