SpaceX will merge with xAI.

According to a report by Bloomberg on February 2nd, local time, anonymous sources revealed that a company internal memo released that day confirmed that American entrepreneur Musk plans to merge his space exploration technology company, SpaceX, with the artificial intelligence company xAI. This move is seen as an important step for Musk to pave the way for a mega public offering. Some sources say that the merged company is expected to be priced at around $527 per share, with a valuation of $1.25 trillion. SpaceX and xAI did not immediately respond to requests for comment on the report.