The post Elon Musk in advanced discussions to unite SpaceX and xAI appeared on BitcoinEthereumNews.com. Elon Musk is in advanced discussions over a potential mergerThe post Elon Musk in advanced discussions to unite SpaceX and xAI appeared on BitcoinEthereumNews.com. Elon Musk is in advanced discussions over a potential merger

Elon Musk in advanced discussions to unite SpaceX and xAI

1 min read

Elon Musk is in advanced discussions over a potential merger of SpaceX and xAI, Bloomberg reported Monday, citing people close to the matter.

The companies, both controlled by the world’s wealthiest man, have privately notified investors about the plan, which could be announced as soon as this week. However, sources told Bloomberg that the talks could continue or fail.

The proposed combination would bring together SpaceX, currently valued at $800 billion as the world’s most valuable private company, with xAI, which reached a $230 billion valuation in November 2025.

Two Nevada entities were filed on January 21, 2026, though no formal agreement has been signed to date. Musk responded positively on X to reports of the merger discussions.

The talks come ahead of SpaceX’s planned IPO in 2026. Musk has previously pursued similar consolidations, including Tesla’s acquisition of SolarCity in 2016 and xAI’s share swap to acquire X in 2025.

The merger could support Musk’s vision of orbit-based AI data centers powered by SpaceX’s satellite network.

Source: https://cryptobriefing.com/spacex-merger-with-xai/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Bitcoin ETFs Outpace Ethereum With $2.9B Weekly Surge

Bitcoin ETFs Outpace Ethereum With $2.9B Weekly Surge

The surge follows a difficult August, when investors pulled out more than $750 million while rotating capital into Ethereum-focused funds. […] The post Bitcoin ETFs Outpace Ethereum With $2.9B Weekly Surge appeared first on Coindoo.
Share
Coindoo2025/09/18 01:15
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56
Vitalik Buterin Questions the Continued Relevance of Ethereum’s Layer 2 Solutions

Vitalik Buterin Questions the Continued Relevance of Ethereum’s Layer 2 Solutions

The post Vitalik Buterin Questions the Continued Relevance of Ethereum’s Layer 2 Solutions appeared on BitcoinEthereumNews.com. Vitalik Buterin, a prominent voice
Share
BitcoinEthereumNews2026/02/04 05:30