Musk Propels SpaceX to Merger with xAI, Aims for $1.5 Trillion Super IPO

BlockBeats News, January 30, according to Reuters citing sources familiar with the matter, Musk is pushing for a stock-for-stock merger of SpaceX with xAI to prepare for the much-anticipated IPO of SpaceX. The deal has not been finalized yet, but Musk has established a merger entity in Nevada, indicating that the integration has entered a substantive stage.

If the merger is completed, SpaceX's rockets and space infrastructure will be deeply integrated with xAI's Grok large model and X platform data, building an integrated "Space + AI" commercial ecosystem. Based on the latest valuations, SpaceX is valued at about $800 billion, xAI is valued at about $230 billion, and the overall post-merger valuation could reach as high as $1.5 trillion.