Two of Elon Musk’s companies, SpaceX and xAI, are reportedly in merger talks ahead of a planned IPO, with shares of xAI expected to be exchanged for SpaceX shares. Musk aims to launch AI data centers into orbit, claiming it will be the most cost-effective solution within a few years, despite skepticism from industry experts regarding the viability of such a venture. This merger follows xAI’s acquisition of X earlier this year. The deal’s feasibility and timing remain uncertain as Musk’s ambitious plans unfold.
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