SpaceX may reportedly announce a merger deal with xAI as soon as this week, Bloomberg reports

This potential merger announcement between SpaceX and xAI could be a significant move, particularly given the strong ties to technological innovation in the automotive sector, especially for Tesla.

Newsquawk StaffPublished 2 Feb 2026, 11:45 UTCOn the live feed at 11:25 UTC — 5 more headlines followed before this page went public

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11:32

AT&T (T) has closed its transaction to acquire Lumen's (LUMN) Mass Markets fibre business for USD 5.75bln in an all-cash transaction

11:30

IDEXX Laboratories Inc. (IDXX) Q4 2025 (USD): EPS 3.08 (exp. 2.93), Revenue 1.09bln (exp. 1.07bln); revenue outlook for 2026 in the range of 4.63-4.72bln (exp. 4.66bln)

11:25

SpaceX may reportedly announce a merger deal with xAI as soon as this week, Bloomberg reports

11:17

White House meeting with crypto and bank executives on stablecoins to commence at 18:00GMT/13:00ET, CryptoAmerica's Terrett reports

11:11

China Premier Li is urging the active use of AI across manufacturing, according to state media

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Talks are ongoing and could still drag on longer or fall apart.

Context

While the talks may still face delays or even collapse, if the deal materializes, it could influence market sentiment broadly across tech and automobile equities, especially stocks like Tesla.

Equities · last 90 days

Recent headlines that moved markets

EQUITIES/14 Sept · 16:48 UTC

US seeks "Step-by-Step" agreement with Iran, reports ILNA citing Pakistani sources.

- ES 500 (U6), after we published+0.2%

An update which lifted sentiment across US equity futures.

EQUITIES/14 Sept · 15:33 UTC

US President Trump says Iran wants to make a deal, quickly and badly. I will determine whether or not the U.S.A. will choose to engage - The concept of which we are open to.

- E-mini S&P 500 futures (U6), after we published+0.4%

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

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