Good morning. Well, that was quick. Just yesterday, we remarked upon the unusual corporate interbreeding going on in the Musk-verse, with Tesla investing $2 billion in Elon Musk’s xAI. Turns out, Musk has something even more extreme in mind.
According to Reuters, Musk is now planning to merge SpaceX, his rocket ship company, with xAI. The deal, if it happens, would come ahead of SpaceX’s planned IPO this year.
When it comes to synergies, it’s hard to immediately see how xAI’s Grok chatbot (which has been criticized for creating sexualized images) can help make better rockets. Maybe that’s not the point.
Today’s news below.
Alexei Oreskovic@lexnfxalexei.oreskovic@fortune.com
