Elon Musk Considers Merging SpaceX With xAI
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Shares of Tesla (NASDAQ:TSLA) rose about 2% on early Friday after Bloomberg reported Space Exploration Technologies Corp, better known as SpaceX, is exploring a merger with Tesla or an alternative tie-up with Elon Musk's AI company xAI,
Elon Musk’s three companies, including SpaceX, xAI, and Tesla, are reportedly merging soon.As per the report from Bloomberg and Reuters, the discussions are currently underway and seemingly in the early stage.