SpaceX is reportedly in discussions to merge with Elon Musk's AI startup, xAI, as the rocket manufacturer prepares for a potential IPO. This move is seen as a step towards consolidating Musk's various ventures and creating a vertically integrated tech giant.

Elon Musk is reportedly exploring a mega-merger of SpaceX, Tesla, and xAI to create an integrated tech giant, potentially valued at over $1 trillion before a SpaceX IPO.