SpaceX and xAI are reportedly in merger talks
CNBC Television·2026-01-29 23:30
This reads like Elon Musk consolidating his empire right before SpaceX, currently the world's most valuable private company at an $800 billion valuation, heads toward public markets. Now, what's being discussed is a share swap. XAI shareholders would take SpaceX stock.Reuters reporting that two new Nevada entities were set up last week as potential transaction vehicles with ties to SpaceX and its CFO. Now, there's no sign deal, no disclosed price tag, and the terms are reportedly still fluid. It comes as XA ...