The two companies owned by the tech multibillionaire are reportedly merging ahead of an IPO. But what does it all mean? Two of Elon Musk’s best-known companies look likely to be headed for a megamerger ahead of a mooted IPO.

Elon Musk is reportedly set to bring his social-media platform, artificial-intelligence startup and rocket company under a single roof. Reuters, citing a person familiar with the matter, reported Thursday that xAI and SpaceX are exploring a merger that would take place ahead of the latter company’s blockbuster initial public offering.

Combining Musk’s artificial-intelligence and space-exploration firms would be the latest tie-up of the entrepreneur’s companies

Yahoo Finance senior auto reporter Pras Subramanian discusses billionaire Elon Musk’s announcement that he will convert a massive tesla factory into a robot manufacturing plant.

Elon Musk's SpaceX is ​considering a ‌potential merger with Tesla , as ‌well as an ​alternative combination with artificial-intelligence ‍firm xAI, Bloomberg News reported ⁠on ‍Thursday, citing people ‌familiar ‌with the matter.

Two Elon Musk companies are reportedly planning to merge. On Thursday, Reuters reported that SpaceX and xAI are holding merger talks ahead of a planned IPO. Part of their plan is to launch AI data centers into space (but unfortunately,

SpaceX and xAI could join forces ahead of Elon Musk’s plan to take the former public later this year, according to Reuters

The deal would bring Musk’s rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof.