Elon Musk's SpaceX Eyes Tesla Merger, xAI Combination Ahead of IPO

• SpaceX is reportedly considering a potential merger with Tesla, according to Bloomberg News.
• An alternative combination with artificial-intelligence company xAI is also being discussed.
• These discussions come ahead of a planned blockbuster public offering for SpaceX later this year.
• The proposed mergers aim to consolidate Musk's various ventures, including rockets, Starlink, X, and Grok AI.
• Tesla's shares rose 3% after the report, indicating investor interest in the potential tie-up.

Why It Matters: Elon Musk's SpaceX is exploring mergers with Tesla and xAI before its anticipated public offering.