SpaceX’s Historic Leap: IPO, xAI Merger, and the Reshaping of Elon Musk’s Multi-Billion Dollar Empire
Key Takeaways SpaceX is set to IPO on Nasdaq next month with a $1.25 trillion valuation after merging with xAI, while Tesla’s market cap stands at ~$1.6 trillion. Growing merger speculation fueled by Musk’s discussions with colleagues about combining the companies, driven by shared AI, compute, and engineering resources. Both firms already collaborate extensively on…