Tesla shares jump as Musk's SpaceX considers merger plans with Tesla and xAI to drive super IPO
According to reports from Bloomberg and Reuters, Musk's SpaceX is considering a merger with Tesla or artificial intelligence company xAI, aiming to integrate rocket, satellite, social media and AI businesses, promote the space data center strategy, and plans to do a super IPO later this year. The merger will cover the rocket business, Starlink satellite network, social media platform X and Grok AI, enhancing defense competitiveness. Details of the deal have not yet been finalized, which may attract the attention of infrastructure funds and sovereign investors in the Middle East. The news triggered Tesla's stock price to rise sharply by more than 5% after hours. Investors look forward to further integration of Musk's technology empire to promote the development of autonomous driving and robotics businesses.