Intelligence Update
Musk's moonshot project faces astronomical challenges
OPINION
(This is an updated version of a report previously published in December 2025)
When Elon Musk announced the merger of two of his most highly valued companies, SpaceX and xAI, in early February, it triggered a wave of responses and reactions. Some observers saw the move as inevitable; some viewed it as a cynical attempt to secure future financing for both X and xAI, while supporters applauded Musk's visionary genius. Many were in awe: the combined group could be worth $1.25 trillion. This would potentially make it the largest merger in history, while the planned IPO in 2026 would be the biggest ever.
Request an evaluation to view this report
Apply for a four-week evaluation of Uptime Intelligence; the leading source of research, insight and data-driven analysis focused on digital infrastructure.
Already have access? Log in here