January 29, 2026
Elon vs. Elon: Mirror boardroom
SpaceX in Merger Talks with xAI
SpaceX + xAI mash-up: Elon merges with… Elon? Internet screams self-deal
TLDR: Reuters says SpaceX may merge with xAI before an IPO, swapping xAI shares for SpaceX stock to boost Musk’s space-based AI plans. Commenters call it “self-dealing” and fear SpaceX’s value gets diluted, while others laugh at Elon negotiating with himself—stakes are huge for investors.
Elon Musk may be mashing his rocket empire SpaceX with his AI startup xAI ahead of a big SpaceX stock market debut, according to an exclusive Reuters report. The plan: swap xAI shares for SpaceX shares and push the dream of data centers in space to power Musk’s chatbot Grok and the Starlink satellite network. Formal details are hush-hush, but filings in Nevada and SpaceX’s CFO Bret Johnsen’s name add intrigue. The internet? Absolutely feral.
Top vibes: confusion and side-eye. Commenters are howling, “They both are privately held by the same owner—so who’s negotiating with whom?” Others slam it as “self-dealing” meant to prop up valuations, noting Tesla’s cash in xAI and now SpaceX folding it in. The finance crowd worries SpaceX’s pristine value could get “polluted” by xAI’s drama, while fanboys cheer a one-roof mega-stack of rockets, satellites, social media, and AI.
The memes are merciless: picture Elon arguing with Elon across a boardroom mirror, or SpaceX’s Starship carrying spreadsheets instead of astronauts. Hot takes fly: is this genius synergy or a valuation blender? With SpaceX rumored at $800B and xAI at $230B, the stakes are cosmic—and the comments are the launch pad for the real fireworks.
Key Points
- •SpaceX and xAI are in merger talks ahead of a planned SpaceX public offering later this year, per Reuters.
- •The proposed deal would swap xAI shares for SpaceX shares; some xAI executives may have a cash option.
- •Two Nevada entities were formed on Jan. 21 to facilitate the transaction; filings link them to SpaceX CFO Bret Johnsen.
- •Reuters could not determine the deal’s value, primary rationale, or timing; no final agreement has been signed.
- •The combination would integrate SpaceX’s rockets and Starlink with xAI’s Grok and the X platform, supporting plans for orbital data centers.