"SpaceX is exploring a potential merger with Tesla ( NASDAQ:TSLA ) or xAI as it prepares for an initial public offering targeted for mid-June 2026, according to reports from and . The IPO could raise up to $50 billion and value SpaceX at about $1.5 trillion , surpassing Saudi Aramco 's 2019 listing as the largest ever. Discussions remain preliminary, with no final decisions, and involve exchanging xAI shares for SpaceX stock or combining with Tesla. Betting markets like Polymarket estimates a 48% chance of a SpaceX-xAI merger by mid-year and a 15% likelihood for Tesla-SpaceX (also, a separate Tesla-xAI tie-up has odds of 16%)."
"Two Nevada entities with "merger sub" in their names were formed on January 21, 2026, listing SpaceX CFO Bret Johnsen as an officer. Reuters notes the xAI merger talks aim to bring Musk's rockets, Starlink satellites, X platform, and Grok chatbot under one roof. This aligns with Musk's history of linking ventures, as seen in existing investments: SpaceX and Tesla together put $2 billion into xAI, covering over half its spending in the first nine months of 2025."
SpaceX is preparing an initial public offering targeted for mid‑June 2026 that could raise up to $50 billion and value the company at about $1.5 trillion. The company is exploring potential mergers with Tesla or xAI before the IPO, with proposals including exchanging xAI shares for SpaceX stock or combining with Tesla. Market odds estimate a 48% chance of a SpaceX‑xAI merger by mid‑year and a 15% chance for Tesla‑SpaceX. Two Nevada "merger sub" entities were formed January 21, 2026. The talks aim to integrate rockets, Starlink, X, and the Grok chatbot while attracting large institutional financing.
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