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Elon Musk’s SpaceX mulling merger with Tesla or xAI: report

byWesley Scott
January 29, 2026


Elon Musk’s SpaceX is considering a potential merger with Tesla as well as an alternative combination with artificial-intelligence company xAI, Bloomberg News reported Thursday, citing people familiar with the matter.

Tesla’s shares were up 3% after the bell following the report.

SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year, Reuters exclusively reported earlier on Thursday, to bring Musk’s rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof.


SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year, Reuters exclusively reported earlier. NASA via Getty Images

The space firm has discussed the feasibility of a tie-up between SpaceX and EV-maker Tesla, an idea that some investors are pushing, the Bloomberg report said.

Any deal could attract sizeable interest from infrastructure funds and Middle Eastern sovereign investors, some of the people told Bloomberg.


Illustration of the Tesla logo, a red T-shaped emblem, above the word "TESLA" in a stylized font, against a dark background.
SpaceX has discussed the feasibility of a tie-up with EV-maker Tesla, an idea that some investors are pushing, the Bloomberg report said. REUTERS

SpaceX and Tesla did not immediately respond to Reuters requests for comment.



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Author
Wesley Scott
Wesley Scott is a seasoned business journalist with a knack for breaking down complex financial matters and corporate trends. With a background that includes seven years working on Wall Street, Wesley brings insider knowledge to his reporting, offering readers both depth and clarity. His articles cover a wide range of topics, from market trends and corporate leadership changes to business ethics and the impact of global events on industries. Known for his ability to identify emerging patterns in the business world, Wesley’s writing serves as a reliable resource for professionals and curious readers alike. Whether covering shifts in consumer behavior or unraveling the dynamics of corporate mergers, Wesley's work ensures his audience stays ahead of the curve.
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