Overview
- Reuters reports SpaceX is in discussions to fold xAI into the company ahead of a planned public listing this year, with a structure under consideration that would swap xAI shares for SpaceX stock.
- Filings show two merger entities were created in Nevada on January 21, listing SpaceX and CFO Bret Johnsen in key roles, indicating groundwork for a potential transaction.
- Bloomberg separately reports an alternative scenario in which SpaceX could pursue a merger with Tesla, underscoring that multiple permutations are being weighed.
- The timing and terms remain fluid, and some xAI executives could be offered cash instead of SpaceX shares, according to a person briefed on the talks.
- SpaceX is targeting an IPO that reports suggest could value it above $1 trillion, and proponents say a tie-up with xAI could advance space-based AI data centers and bolster defense work, including xAI’s Pentagon contract worth up to about $200 million.