"After a slowdown in blockbuster public debuts, two of the most closely watched private tech companies are expected to go public this year: SpaceX and OpenAI. Reuters reported Thursday that Elon Musk's rocket company SpaceX was eyeing a merger with xAI, Musk's AI company, ahead of a potential IPO. Bloomberg later reported that SpaceX was also considering merging with Tesla, which is a public company."
"A merger between SpaceX and Tesla would instantly create the Berkshire Hathaway of the modern century."
""The capital raising and operational efficiencies if both were together are obvious," Palihapitiya wrote on X. "If this were to happen, it would also bring us one step closer to having one equity instrument for all things Elon, which many would want to buy.""
SpaceX and OpenAI are expected to pursue initial public offerings in 2026, signaling a potential return of high-profile IPO activity. SpaceX is exploring pre-IPO combinations, including possible mergers with xAI or Tesla, which could consolidate operations and capital access and reshape corporate structure. OpenAI is planning an IPO in the fourth quarter to accelerate market positioning and compete with rivals such as Anthropic. Industry observers suggest a SpaceX–Tesla merger could create a conglomerate-like vehicle offering a single equity instrument tied to Elon Musk’s businesses and deliver operational and fundraising efficiencies.
Read at Business Insider
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