Elon Musk pushing SpaceX and xAI merger
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Musk joins his rocket and AI businesses into a single company before an expected IPO this year
Elon Musk is joining his space exploration and artificial intelligence ventures into a single company before a massive planned initial public offering for the business later this year. His rocket venture,
The merged company is expected to price the shares at about US$527 each, and would have a valuation of US$1.25 trillion.
Billionaire Elon Musk's SpaceX appears to have a busy month planned for February at the Vandenberg Space Force Base in California.
The deal will combine several of his offerings, including his AI chatbot Grok, his satellite communications company Starlink, and his social media com