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Elon Musk’s SpaceX said to consider merger with Tesla or xAI, reports
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The Indian Express
Elon Musk’s SpaceX is considering a potential merger with Tesla, as well as an alternative combination with artificial-intelligence firm xAI, Bloomberg News reported on Thursday, citing people familiar with the matter.
SpaceX has discussed the feasibility of a tie-up with Tesla, an idea some investors have been pushing.
Bloomberg earlier reported that Musk has been sounding out advisers and investors on different merger options involving SpaceX, Tesla and xAI, as he weighs how best to align his companies’ long-term goals.
Neither SpaceX, Tesla nor xAI has publicly commented on the reports.
Tesla shares have been volatile in recent months, while SpaceX remains privately held and is one of the world’s most valuable startups.