Quick Read SpaceX is planning an IPO for this year that could value the company at $1.5 trillion. Oulets such as Reuters are reporting the company is considering a merger with other Musk-affiliated companies such as Tesla (NASDAQ: TSLA) or xAI.

Elon Musk appears to be feeling the joy this holiday season. The Tesla CEO posted to X that he's making an edit to the company's "mission wording." In the name of joy, "Sustainable abundance" will be replaced by "amazing abundance," Musk wrote. Elon Musk ...

Elon Musk’s xAI Corp. is looking to expand its sprawling artificial intelligence data center complex in Memphis after purchasing a third building at the site. It’ll house thousands of new servers that cater to AI models and bring the site’s total ...

Tesla has invested $2 billion in Elon Musk's AI startup, xAI, despite initial shareholder resistance. The investment aligns with Tesla's focus on physical AI and robotics.

Tesla expects to more than double capital spending in 2026 as it invests heavily in robotics and driverless technology.