[Musk Advances SpaceX and xAI Stock Swap Merger, Aiming for $1.5 Trillion Super IPO] BlockBeats News, January 30: According to sources cited by Reuters, Musk is pushing forward with a stock swap merger between SpaceX and xAI to prepare for SpaceX's highly anticipated IPO. While the deal has not yet been finalized, Musk has already established a merger entity in Nevada, indicating that the integration has entered a substantive phase. If the merger is completed, SpaceX's rocket and space infrastructure will be deeply integrated with xAI's Grok large model and X platform data, creating a unified "Space + AI" commercial system. Based on the latest valuations, SpaceX is valued at approximately $800 billion, and xAI at around $230 billion, with the combined valuation potentially reaching $1.5 trillion.