Musk's trillion-dollar empire undergoes major integration! It is rumored that SpaceX is in deep negotiations to merge with xAI.

date
21:35 02/02/2026
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GMT Eight
According to informed sources, SpaceX is in deep discussions with xAI and planning a merger.
According to informed sources, Elon Musk is in deep negotiations to merge SpaceX with xAI. The billionaire is taking rapid action to integrate his business empire. Sources indicate that the rocket and satellite group, as well as the artificial intelligence company, have informed some investors of their plans. Some sources suggest that an agreement could be announced as early as this week. Sources also say that the discussions are ongoing and negotiations may take longer or even potentially fall apart. Representatives from SpaceX and xAI did not immediately respond to requests for comment outside of regular working hours. If the deal goes through, it will merge the world's two largest private companies. xAI reportedly raised funds at a valuation of $20 billion in September last year, while SpaceX was planning to sell shares at a valuation of around $800 billion in December last year. This merger will combine Musk's money-burning startup xAI with the more mature SpaceX. The rockets and satellites produced by SpaceX have the potential to greatly support Musk's vision of deploying data centers in space for complex artificial intelligence computations. According to a document last Friday, SpaceX is applying for a license to launch up to 1 million satellites into Earth's orbit for this project. Furthermore, SpaceX is preparing for a potential IPO with an estimated valuation of around $1.5 trillion. The company has also discussed the feasibility of forming an alliance with Musk's Tesla.