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Elon Musk’s SpaceX reportedly combining with xAI ahead of potential IPO

Published: Monday, February 2, 2026 · 9:33 PM  |  Updated: Monday, February 2, 2026 · 9:33 PM

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A SpaceX Falcon Heavy rocket carrying the National Oceanic and Atmospheric Administration’s (NOAA) weather satellite Geostationary Operational Environmental Satellite U (GOES-U) lifts off from Launch Complex 39A at NASA’s Kennedy Space Center, Florida, June 25, 2024. 

Miguel J. Rodriguez Carrillo | AFP | Getty Images

Elon Musk is combining rocket maker SpaceX with his artificial intelligence startup, xAI, according to reporting from Bloomberg, which cited people familiar with the matter.

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