Elon Musk’s SpaceX and xAI may merge into one company

SpaceX and XAI, which are both led by Elon Musk, are in “merger discussions” ahead of SpaceX’s IPO later this year. reuters reports. According to the publication, the merger will help SpaceX plan to launch data centers in space.

The specific timing and value of the potential merger are unclear. SpaceX considering mid-June IPO date financial Times Reported this week. xAI and SpaceX did not immediately respond to requests for comment The Verge.