The Rundown Tech: Musk wants to merge his empires

Musk wants to merge his empires
Image source: Ideogram / The Rundown
The Rundown: Elon Musk is reportedly exploring a merger that would combine SpaceX with xAI or Tesla — or with both — into one super-conglomerate, potentially ahead of a monster IPO that could value SpaceX at $1.5T.
The details:
SpaceX is in discussions to merge with xAI ahead of a June 2026 IPO worth up to $50B, cheekily timed to a rare planetary alignment and Musk’s birthday.Separately, the space tech giant has discussed the feasibility of a tie-up with Tesla — an idea some investors are pushing.Two entities with “merger sub” in their names were established in Nevada on January 21, with SpaceX CFO Bret Johnsen listed as an officer.SpaceX is targeting an IPO that would value the company at about $1.5T, which would make it the biggest IPO of all time.
Why it matters: Musk has long been criticized for spreading himself too thin across too many companies. A mega-merger would flip that narrative — consolidating rockets, satellites, AI, social media, and possibly EVs into a single publicly traded juggernaut. As one investor put it: “You want to invest in Elon? Here you go. You get all this.”
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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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