Elon Musk's SpaceX mulling merger with Tesla or xAI: report

Elon Musk’s SpaceX is considering a potential merger with Tesla as well as an alternative combination with artificial-intelligence company xAI, Bloomberg News reported Thursday, citing people familiar with the matter.Tesla’s shares were up 3% after the bell following the report.SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year, Reuters exclusively reported earlier on Thursday, to bring Musk’s rockets, Starlink satellites, the X social media platfor ...