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On February 2, individuals with inside knowledge of the situation disclosed that Musk is deeply engaged in advanced-stage negotiations concerning the merger of SpaceX and xAI. This strategic move aims to expedite the integration of his diverse business interests. According to reports, both SpaceX and xAI have already briefed certain investors on their merger intentions, with the possibility of the two entities announcing a definitive agreement as early as this week. Should the deal materialize, it would mark the union of two of the globe's most sizable unlisted corporations. Previous reports indicated that during its fundraising endeavors in September of the preceding year, xAI was appraised at a valuation of $200 billion, whereas SpaceX's estimated worth could soar as high as $1.5 trillion.
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