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.

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