Rumors were flying around on Thursday night suggesting a potential merger for SpaceX.
Multiple reports suggest that SpaceX could buy xAI. That would combine Elon Musk’s space company with his artificial intelligence company that operates X and Grok.
Here’s how to claim shares the Initial Public Offering.
I’ve written a lot about SpaceX plan to go public.
The latest reports suggest that the company could raise up to $50 billion in capital through a transaction. That’s a big jump from the originally reported target.
A new twist in the story is that SpaceX may look to acquire xAI.
SpaceX invested in xAI last year. Musk’s AI company also raised $15b from Nvidia and Cisco in early January. That transaction valued the company at $230b.
So, why is Elon considering a merger of SpaceX and xAI? It’s part of his new Space Master Plan.
Elon is 100% focused on building AI data centers in space. SpaceX is the leader in space launch and satellite internet. Meanwhile xAi is the leader in building data centers with hundreds of thousands of Nvidia chips.
An outright acquisition with align two of Elon’s most important companies on this important initiative.
That’s why I’m buying shares of before the upcoming Nasdaq IPO. I’m happy to show you exactly how it works.
Ian Wyatt