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Musk's SpaceX to merge with xAI at combined valuation of $1.25 trillion, Bloomberg News reports

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Feb 2 : Elon Musk plans to merge SpaceX with xAI ahead of its IPO, with a combined valuation of $1.25 trillion, Bloomberg News reported on Monday, citing people familiar with the matter.The combined company is expected to price its shares at about $527 each, the report said.The deal was announced in
2026-02-02 21:23:49