SpaceX and xAI Merger Discussions Ahead of IPO

Elon Musk's SpaceX is reportedly in talks to merge with his AI company xAI prior to xAI's planned initial public offering. According to NS3.AI, the merger aims to consolidate Musk's ventures in space, artificial intelligence, and social media into a single public entity. This integration would involve SpaceX rockets, Starlink satellites, the X social media platform, and the Grok AI chatbot, potentially enhancing investor interest and market valuation. Meanwhile, Tesla's recent earnings report revealed mixed outcomes, with shares initially declining but recovering after market hours.