Elon Musk's space exploration company SpaceX confirmed in a memorandum: merger with xAI
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SpaceX, owned by Elon Musk, has confirmed its merger with xAI. According to a report by Bloomberg, the deal was announced in a memorandum. Additionally, SpaceX is planning to conduct an IPO, expecting to raise up to $50 billion, with a valuation of approximately $1.5 trillion. The company has also discussed merger matters with Tesla
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