Elon Musk may merge SpaceX with his AI company xAI
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SpaceX is considering a potential merger with Tesla Inc., as well as an alternative combination with artificial intelligence firm xAI, according to people familiar with the matter, a sign billionaire Elon Musk is weighing how to consolidate his empire.
Tesla downgraded to Hold: weak auto sales, high valuation, and Robotaxi/Optimus execution risk despite margin gains. Click for this TSLA stock earnings update.