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Stockreport

Elon Musk’s SpaceX and xAI might merge into one company [Verge, The]

Tesla, Inc. (TSLA)  More Company Research Source: Verge, The
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
SpaceX and xAI, which are both led by Elon Musk, are “in discussions to merge” ahead of SpaceX's IPO that's planned for later this year, Reuters reports . The merger would help with SpaceX's plans to launch data centers into space, according to the publication. The specific timing and value of the potential merger are unclear. SpaceX is considering an IPO date in mid-June, the Financial Times reported this week . xAI and SpaceX didn't immediately reply to a request for comment from The Verge If SpaceX merges with xAI, it would put the rocket company in the same house as Grok, which is under significant scrutiny and even an investigation in the EU over sexualized deepfakes. Should the deal go through, it would be just the latest transaction between Elon Musk-led companies. Tesla, which also counts Musk as CEO, said this week that it would be investing “approximately” $2 billion investment in xAI. xAI also bought X last year [Read more]
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Stockreport

Elon Musk’s SpaceX and xAI might merge into one company [Verge, The]

Tesla, Inc.  (TSLA) 
More Company Research Source: Verge, The
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
SpaceX and xAI, which are both led by Elon Musk, are “in discussions to merge” ahead of SpaceX's IPO that's planned for later this year, Reuters reports . The merger would help with SpaceX's plans to launch data centers into space, according to the publication. The specific timing and value of the potential merger are unclear. SpaceX is considering an IPO date in mid-June, the Financial Times reported this week . xAI and SpaceX didn't immediately reply to a request for comment from The Verge If SpaceX merges with xAI, it would put the rocket company in the same house as Grok, which is under significant scrutiny and even an investigation in the EU over sexualized deepfakes. Should the deal go through, it would be just the latest transaction between Elon Musk-led companies. Tesla, which also counts Musk as CEO, said this week that it would be investing “approximately” $2 billion investment in xAI. xAI also bought X last year [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
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Price Change
Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS