Musk Merges SpaceX and xAI Ahead of Anticipated 2026 IPO

Elon Musk has merged his private rocket company SpaceX with his artificial intelligence startup xAI, setting the stage for a potential initial public offering later this year. The combined entity, informally dubbed "Musk Inc.," aims to streamline capital allocation and accelerate development in AI and space infrastructure. SpaceX, valued at over $250 billion in recent private rounds, and xAI, which raised $6 billion in late 2025, will operate under a unified corporate structure. Musk confirmed the integration in an internal memo dated February 2, 2026, citing synergies between orbital computing, satellite data, and large language models. No ticker symbol or exchange has been announced for the planned IPO.