Topline
Elon Musk’s aerospace firm SpaceX and his artificial intelligence company xAI are talking about a possible merger, according to Reuters, a move that would wrap some of the billionaire’s tech and space companies into one organization ahead of SpaceX’s anticipated initial public offering.
Elon Musk’s estimated net worth hit $766 billion Thursday.
Photo by Apu Gomes/Getty Images
Key Facts
The potential merger would involve xAI shares being exchanged for shares in SpaceX, Reuters reported, citing an unnamed person briefed on the matter and noting it could “not determine the value of the deal, its primary rationale, or its potential timing.”
Musk, the CEO of SpaceX and xAI, has not publicly commented or speculated on a merger between his two companies.
Some xAI executives may have the option to receive cash instead of SpaceX stock under the merger, Reuters added, but a final agreement has not been signed.
If the merger went through, SpaceX would own xAI and X, adding onto satellite internet company Starlink.
What To Watch For
SpaceX has plans to go public this year, according to multiple outlets, with Musk seeking to complete an IPO by July that would value the company above $1 trillion.
Forbes Valuation
We estimate Musk’s net worth at $765.2 billion as of Thursday, making him the world’s wealthiest person, ahead of Alphabet cofounders Larry Page ($275.2 billion) and Sergey Bring ($253.9 billion).
This is a developing story. Check back for updates.
Source: https://www.forbes.com/sites/antoniopequenoiv/2026/01/29/elon-musks-spacex-eyeing-merger-with-xai-report-says/
