Elon Musk's space exploration company SpaceX confirmed in a memorandum: merger with xAI
SpaceX, owned by Elon Musk, has confirmed its merger with xAI. According to a report by Bloomberg, the deal was announced in a memorandum. Additionally, SpaceX is planning to conduct an IPO, expecting to raise up to $50 billion, with a valuation of approximately $1.5 trillion. The company has also discussed merger matters with Tesla
Elon Musk's space exploration company SpaceX has confirmed in a memorandum that it will merge with xAI.
On February 2, Bloomberg reported, citing informed sources, that Musk plans to merge SpaceX with xAI. The deal was reportedly announced in a memorandum.
Wall Street Journal previously mentioned that SpaceX is planning an IPO, potentially raising up to $50 billion, with a valuation of approximately $1.5 trillion. Additionally, the company has also discussed possible merger matters with Tesla.
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