US EditionElon Musk Explores Landmark SpaceX Merger with Tesla or xAI: Report - BusinessToday
10 Articles
10 Articles
SpaceX takes into account a potential merger with Tesla Inc. or with an artificial intelligence firm XAI, according to some people familiar with the situation, a sign that billionaire Elon Musk analyzes how to consolidate his empire, says Bloomberg.
In order to meet AI's energy needs as cheaply as possible, Elon Musk relies on data centers in space. A merger of two of its companies could give these plans decisive tailwind. read more on t3n.de
Tesla was pressured by news that space company SpaceX might merge with Tesla and artificial intelligence company xAI.
Tesla was pressured by news that space company SpaceX might merge with Tesla and artificial intelligence company xAI.
Elon Musk considers a merger between Tesla, SpaceX and xAI, credible reports say
According to a new report by Bloomberg, Elon Musk is seriously considering a merger between SpaceX and Tesla or between SpaceX and xAI, which in turn already owns X (formerly Twitter). A three-way merger between all three companies is also on the table. The information comes from Bloomberg, but Reuters also adds that the potential SpaceX - xAI merger would involve a 1:1 exchange of xAI stocks for SpaceX stocks. It's also worth noting that SpaceX…
Elon Musk apparently plans a massive merger that could unite SpaceX, Tesla or xAI. The aim is orbital data centers and a record exchange, for which, according to documents from Nevada, the first legal preparations are already underway. (Continue reading)
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