Caroline Hyde

But for now, at least it looks like this is the plan and that SpaceX would still go public later this year.

I can see that the benefit for XAI is that it needs a ton of money.

What is, in theory, the benefit to investors of both these companies by a combination?

But definitely...

Is it a bailout of XAI compared to SpaceX?

Hard to say.

We don't know any details on what is the structure right now, what shares will be transferred or exchanged or swapped for each other.

So those details still need to come out to see how shareholders make out.

And what sort of...

approvals do they need?

Because we understand a lot of this has got investors' support, but do they need to?

Can it just be done because Elon Musk thinks it's the right thing to do?

It's hard to say, but last year when X and XAI merged, it kind of just happened in an X post, and

And that's reality.

A lot of this, especially when there's private companies, the M&A is very much behind the scenes.

Maybe an investment bank gets brought on for a fairness opinion or there's certainly law firms.

And if Tesla had been part of this merger, then you might see more public information or independent companies.

board shareholder votes and whatnot, but this is all gonna be happening kind of under the radar.

Briefly, who would run it?

That's a great question.