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Elon Musk’s SpaceX acquiring AI startup xAI ahead of potential IPO

Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.

Miguel J. Rodriguez Carrillo | AFP | Getty Images
Elon Musk is combining rocket maker SpaceX with his artificial intelligence startup, xAI, as the merged entity gears up for a massive IPO.
The deal was announced on Monday in a blog post from Musk, wh… [4603 chars]

Source: CNBC | Published: 2026-02-02T21:26:33Z

Credit: CNBC

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