SpaceX, the space company founded by Elon Musk, is considering a merger with Tesla and xAI, his companies. The information is from Bloomberg, which refers to its own sources.
Musk, who is the richest man in the world, is seeking to consolidate his business empire. Some investors support the prospect of a merger of SpaceX with electric car manufacturer Tesla, but a merger with artificial intelligence startup xAI is also being considered.
A final decision has not yet been made, the publication notes, emphasizing that any of these deals would attract “significant interest from infrastructure funds and investors in the Middle East“.