Billionaire folds rocket maker into a lossmaking AI start-up, betting scale and control can beat rivals to blockbuster IPO ...
In classic Musk style, the SpaceX-xAI merger is big, bold, and ambitious. The new conglomerate, it’s predicted, will be floated on the stock market in late June 2026 – just in time for Musk’s birthday ...
The billionaire’s decision to merge his A.I. start-up with his rocket company will test investors’ interest in giant combinations of unalike businesses.
The merger creates the world's most valuable private company and paves the way for Musk to try and prove out the usefulness of space-based data centers.
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