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Image Credits:SAUL LOEB / AFP / Getty Images2:47 PM PST · January 29, 2026
Three of Elon Musk’s companies — SpaceX, xAI, and Tesla — are successful play for a imaginable merger. While the talks look to beryllium successful the aboriginal stage, according to reports from Bloomberg and Reuters, it could yet pb to astatine slightest 1 institution folding into SpaceX.
Two scenarios are being hashed out. In one, SpaceX and Tesla would merge, per Bloomberg, citing unnamed insiders. In another, SpaceX and aXI (which already owns Musk’s societal media level X) would combine.
According to reporting by Reuters, a merger betwixt SpaceX and xAI could instrumentality spot up of a planned SpaceX IPO this year. This would bring products similar the Grok chatbot, X platform, Starlink satellites, and SpaceX rockets unneurotic nether 1 corporation.
Company representatives from SpaceX and xAI person not discussed this anticipation successful public. However, caller filings amusement that 2 caller firm entities were established successful Nevada connected January 21, which are called K2 Merger Sub Inc. and K2 Merger Sub 2 LLC. This suggests that Musk is keeping each options open.
There are upsides to either scenario. Combining the SpaceX and xAI companies could let xAI to enactment its information centers successful space, thing Musk has said helium wants. A SpaceX-Tesla tie-up could align the EV maker’s vigor retention concern with the information halfway successful abstraction thought arsenic well.
And some options — arsenic good arsenic a operation of each 3 companies — falls successful enactment with Musk’s comments and caller actions to consolidate, oregon astatine the precise slightest stock resources betwixt them. Last year, SpaceX agreed to put $2 cardinal successful xAI, according to The Wall Street Journal, and earlier this week, Tesla (also led by Musk) revealed it, too, invested $2 billion successful the AI startup.
Last year, xAI bought X successful a woody that Musk said valued xAI astatine $80 cardinal and X astatine $33 billion. SpaceX, which has been astir since 2002, reportedly launched a secondary sale that valued it astatine $800 billion, making it the astir invaluable backstage institution successful the U.S.
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A caller Financial Times study indicated that Musk wants to instrumentality SpaceX public successful June. Then again, Musk’s expansive plans rarely hap connected time.
This nonfiction was primitively published astatine 10:30 americium PT. It has since been updated with caller accusation astir Tesla.
Amanda Silberling is simply a elder writer astatine TechCrunch covering the intersection of exertion and culture. She has besides written for publications similar Polygon, MTV, the Kenyon Review, NPR, and Business Insider. She is the co-host of Wow If True, a podcast astir net culture, with subject fabrication writer Isabel J. Kim. Prior to joining TechCrunch, she worked arsenic a grassroots organizer, depository educator, and movie festival coordinator. She holds a B.A. successful English from the University of Pennsylvania and served arsenic a Princeton successful Asia Fellow successful Laos.
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Kirsten Korosec is simply a newsman and exertion who has covered the aboriginal of proscription from EVs and autonomous vehicles to municipality aerial mobility and in-car tech for much than a decade. She is presently the proscription exertion astatine TechCrunch and co-host of TechCrunch’s Equity podcast. She is besides co-founder and co-host of the podcast, “The Autonocast.” She antecedently wrote for Fortune, The Verge, Bloomberg, MIT Technology Review and CBS Interactive.
You tin interaction oregon verify outreach from Kirsten by emailing kirsten.korosec@techcrunch.com oregon via encrypted connection astatine kkorosec.07 connected Signal.
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