Could Musk merge SpaceX and Tesla? Here’s what analysts—and betting markets—say
Wall Street has speculated whether the world’s richest person will consider a tie-up for his two most valuable companies.
Wall Street has speculated whether the world’s richest person will consider a tie-up for his two most valuable companies.
Australian Retirement Trust has backed Gilmour Space Technologies, extending the startup’s $217 million Series E which valued it at over $1 billion.
The space and AI company’s initial public offering could be valued as high as $2 trillion, which would be the biggest IPO ever.
Anthropic has also expressed interest in partnering up with SpaceX on the development of AI data centers in space.
An anticipated stock market debut for Musk’s aerospace firm may be the largest ever.
Elon Musk’s SpaceX acquired the billionaire’s artificial intelligence startup xAI, according to a Monday statement, consolidating two Musk-owned companies under one roof as xAI looks to build a space-based competitive edge against rivals like OpenAI, Google, Meta and more.
The billionaire’s X post about SpaceX going public comes a few days after reports of the rocket company’s recent private market offerings and 2026 IPO plans.
Musk is now half-way to becoming the first ever trillionaire.
Abel Avellan is taking on SpaceX and Jeff Bezos’ Project Kuiper in the battle to provide broadband satellite internet directly to your smartphone.
While DOGE dismay has hammered Tesla stock, SpaceX is still flying high with investors as the world’s most valuable private company. But economic realities and the physical limits of beaming internet connectivity from space could puncture the good vibes.