PANews reported on February 2nd, citing Bloomberg, that SpaceX is in advanced talks to merge with xAI as Elon Musk begins consolidating his companies, and some investors are already aware of the situation. While the negotiations still face the risk of breaking down, the merger could be announced as early as this week. This move comes as SpaceX is reportedly preparing for a potential initial public offering (IPO) later this year, and the company has also explored a link with Tesla.