The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

Elon Musk Plans SpaceX–xAI Merger Ahead of Major IPO

Elon Musk Plans SpaceX–xAI Merger Ahead of Major IPO

Post by : Bianca Haleem

Elon Musk is planning a major strategic move by merging his space company SpaceX with artificial intelligence startup xAI, ahead of a much-anticipated public offering later this year.

The merged company is expected to carry a combined valuation of nearly $1.25 trillion, positioning it among the world’s most valuable technology firms. Reports suggest that shares of the new entity could be priced at around $527 per share.

The move is aimed at bringing together Musk’s major ventures under one umbrella. This includes SpaceX’s rocket and space missions, Starlink’s global satellite internet services, the X social media platform, and the Grok AI chatbot.

If finalized, the merger would mark a significant step toward integrating space technology, artificial intelligence, and digital communication into a single unified ecosystem, potentially reshaping the future of tech and innovation.

Feb. 3, 2026 10:53 a.m. 193
Global News Elon Musk SpaceX

More Trending News

Featured Stories

Melinda Gates Breaks Silence on New Epstein File Claims
Feb. 4, 2026 11:37 a.m.
Melinda Gates reacts to fresh Epstein file allegations involving Bill Gates, calling it painful and saying those named must answer for their actions
Read More
Sitharaman Meets World Bank President Ajay Banga in Delhi
Feb. 4, 2026 10:11 a.m.
Finance Minister Nirmala Sitharaman met World Bank President Ajay Banga in Delhi and welcomed the new Country Partnership Framework aligned with Viksit Bharat
Read More
World Bank Chief Ajay Banga Visits Pakistan, Supports Reforms Agenda
Feb. 3, 2026 5:32 p.m.
World Bank President Ajay Banga met PM Shehbaz Sharif in Islamabad, reaffirming support for Pakistan’s reforms and development agenda
Read More
UAEREP Showcases Rain Research at AMS 2026 in Houston
Feb. 3, 2026 4:56 p.m.
UAEREP took part in AMS 2026 in Houston, highlighting UAE-backed rain enhancement research and strengthening global ties in climate and weather science
Read More
ADGM Academy, Mawaheb Expand Skills Partnership for 2026
Feb. 3, 2026 4:50 p.m.
ADGM Academy and Mawaheb Talent Hub expand their partnership to launch new programmes and secure 620 jobs in 2026 for Emiratis across high-demand sectors
Read More
UK Court Convicts Russian Captain in Deadly North Sea Crash
Feb. 3, 2026 4:29 p.m.
A UK court has found Russian ship captain Vladimir Motin guilty of manslaughter after his cargo vessel hit an oil tanker, killing a Filipino sailor
Read More
Aldar, Mubadala Launch AED 10bn Luxury Retail Platform
Feb. 3, 2026 4:23 p.m.
Aldar and Mubadala have formed a joint venture combining Yas Mall and The Galleria Luxury Collection, creating a AED 10bn luxury retail platform in Abu Dhabi
Read More
Historic Moment as Moms Bencic, Svitolina Reach WTA Top 10
Feb. 3, 2026 4:10 p.m.
Belinda Bencic and Elina Svitolina make history as the first mothers ranked in WTA Top 10, showcasing resilience and family-friendly tennis policies
Read More
UAE Urges Iran-US Nuclear Deal to Avoid Middle East War
Feb. 3, 2026 3:54 p.m.
UAE calls for Iran-US nuclear talks as tensions rise. Talks resume Friday in Turkey amid fears of conflict and U.S. naval buildup near Iran
Read More
Sponsored
Trending News