Source: SpaceX and xAI are in talks to merge ahead of a planned IPO this year; under the proposed deal, shares of xAI would be exchanged for shares in SpaceX (Reuters)

Reuters : Source: SpaceX and xAI are in talks to merge ahead of a planned IPO this year; under the proposed deal, shares of xAI would be exchanged for shares in SpaceX —  Elon Musk's SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year.