Separately, they are also exploring a tie-up between SpaceX and xAI ahead of an IPO, some of the people said. Musk and representatives for SpaceX, xAI and Tesla didn’t immediately respond to requests for comment. Tesla shares jumped as much as 4.5% in after-hours trading on Thursday. Reuters reported the potential merger between SpaceX and xAI earlier. Shares of xAI would be exchanged for shares in SpaceX, Reuters said, citing a person familiar with the matter.

Source: The Edge Markets January 30, 2026 03:33 UTC