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Stockreport

Elon Musk's SpaceX and xAI in talks to merge, report says [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
This would bring products like the Grok chatbot, X platform, Starlink satellites, and SpaceX rockets together under one corporation. Company representatives have not discussed this possibility in public. However, recent filings show that two new corporate entities were established in Nevada on January 21, which are called K2 Merger Sub Inc. and K2 Merger Sub 2 LLC. Combining the two companies could allow xAI to put its data centers in space, something Musk has said he wants This move would also fall in line with Musk's recent strategies to consolidate his companies. Last year, SpaceX agreed to invest $2 billion in xAI, according to The Wall Street Journal , and earlier this week, Tesla (also led by Musk) revealed it, too, invested $2 billion in the AI startup. Last year, xAI bought X in a deal that Musk said valued xAI at $80 billion and X at $33 billion. SpaceX, which has been around since 2002, reportedly launched a secondary sale that valued it at $800 billion, making it th [Read more]
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Stockreport

Elon Musk's SpaceX and xAI in talks to merge, report says [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
This would bring products like the Grok chatbot, X platform, Starlink satellites, and SpaceX rockets together under one corporation. Company representatives have not discussed this possibility in public. However, recent filings show that two new corporate entities were established in Nevada on January 21, which are called K2 Merger Sub Inc. and K2 Merger Sub 2 LLC. Combining the two companies could allow xAI to put its data centers in space, something Musk has said he wants This move would also fall in line with Musk's recent strategies to consolidate his companies. Last year, SpaceX agreed to invest $2 billion in xAI, according to The Wall Street Journal , and earlier this week, Tesla (also led by Musk) revealed it, too, invested $2 billion in the AI startup. Last year, xAI bought X in a deal that Musk said valued xAI at $80 billion and X at $33 billion. SpaceX, which has been around since 2002, reportedly launched a secondary sale that valued it at $800 billion, making it th [Read more]
IMPACT SNAPSHOT
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TSLA
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Price Change
Price Change %
Volume Shares
Max Up
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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
S&P 500 (SPX)
%
 VOLUME RATIO
%
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