is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. On Monday, Elon Musk ...

Jed Dorsheimer, group head of the energy and power technologies sector at William Blair, sees a logical path for Tesla (TSLA) to eventually merge with SpaceX (SPACE) and xAI (X.AI), citing the ...

The combined company is expected to price its shares at about $527 each, the report said. Elon Musk plans to merge SpaceX with xAI ahead of its IPO, with a combined valuation of $1.25 trillion, ...

SpaceX announced it acquired xAI, allowing the two companies to move forward as one to develop space-based data centers. Tesla TSLA shares were down 2% on Feb. 2 on the news. Why it matters: The ...

SpaceX (SPAX.PVT) will merge with xAI (XAAI.PVT) in a deal that consolidates two of Elon Musk's biggest private startups, the space exploration company said in a statement. "SpaceX has acquired xAI to ...

Feb 2 : Elon Musk's space firm SpaceX said on Monday it has acquired his startup xAI. A merger would represent one of the most high-profit corporate pairings in Silicon Valley, blending a ...

The deal is the biggest M&A transaction of all time Deal values xAI at $250 billion, SpaceX at $1 trillion Merger consolidates Musk’s empire ahead of SpaceX IPO Feb 2 (Reuters) - Elon Musk said on ...

Investing.com -- Elon Musk is merging SpaceX with his artificial intelligence startup xAI, according to a Monday announcement from the company. The proposed transaction aims to consolidate the ...

Elon Musk’s rocket-maker SpaceX and artificial-intelligence startup xAI are planning to merge into one company, people familiar with the matter said, further consolidating the billionaire’s business ...

A combined Tesla-SpaceX entity would reach $2.6T in value but faces antitrust scrutiny and significant dilution risks for Tesla shareholders. Betting markets assign 15% odds to a Tesla-SpaceX merger ...

Elon Musk is reportedly looking at ways to consolidate his massive empire. According to Bloomberg, he's considering merging SpaceX with Tesla or with XAI. This comes as SpaceX is expected to IPO this ...

Musk could be consolidating his companies. Musk could be consolidating his companies. is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at ...