By Echo Wang SpaceX acquired Musk's privately owned social media and artificial intelligence company xAI in early February in a deal that brought Musk's rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof, Reuters previously reported. It valued the combined company at $1.25 trillion at the time. March 13 (Reuters) - SpaceX and the banks underwriting its blockbuster IPO have chosen two law firms to provide legal advice on the deal, one of the first concrete steps comp ...

Group 1 - SpaceX is considering a potential merger with Tesla and an alternative combination with xAI, as reported by Bloomberg News [1] - Tesla's shares increased by 3% following the news of the potential merger discussions [1] - SpaceX and xAI are in talks to merge ahead of a significant public offering planned for later this year, aiming to consolidate Musk's various ventures under one umbrella [2][4] Group 2 - The feasibility of a merger between SpaceX and Tesla has been discussed, with some investors advocating for this idea [3][6] - A potential deal could attract significant interest from infrastructure funds and Middle Eastern sovereign investors [3]