Elon Musk's SpaceX reportedly combining with xAI ahead of potential IPO

A SpaceX Falcon Heavy rocket carrying the National Oceanic and Atmospheric Administration's (NOAA) weather satellite Geostationary Operational Environmental Satellite U (GOES-U) lifts off from Launch Complex 39A at NASA's Kennedy Space Center, Florida, June 25, 2024.Elon Musk is combining rocket maker SpaceX with his artificial intelligence startup, xAI, according to reporting from Bloomberg, which cited people familiar with the matter. The agreement was announced in a memo on Monday, Bloomberg reported, ad ...